A yeoman was the second-rank person of some importance, below a knight, below a gentleman, below a full member of a guild. In London, it meant the journeyman or second adult in a small workshop. These yeomen had their own fraternities and were often on strike. Some yeomen in the large London industries, e.g. goldsmiths, tailors, cloth workers, who had served an apprenticeship started their own businesses in London suburbs outside the jurisdiction of their craft to search them.

The Merchant Adventurers created a London fellowship confederacy to make membership of their society and compliance with its regulations binding on all cloth traders and to deal with common interests and difficulties such as taxation, relations with rulers, and dangers at sea. They made and enforced trading rules, chartered fleets, and organized armed convoys when the seas were unsafe and coordinated policies with Henry VII. Membership could be bought for a large fee or gained by apprenticeship or by being the son of a member.

Tudor government was paternalistic, curtailing cutthroat competition, fixing prices and wages, and licensing production under grants of monopoly to achieve a stable and contented society and a fair living for all.

Foreign trade was revived because it was a period of comparative peace. The nation sought to sell as much as possible to foreign nations and to buy at little as possible and thereby increase its wealth in gold and silver, which could be used for currency.

Ships weighed 200 tons and had twice the cargo space they had previously. Their bows were more pointed and their high prows made them better able to withstand gales. The mariners' compass with a pivoting needle and circular dial with a scale was introduced. The scale gave precision to directions. Ships had three masts. On the first was a square sail. On the second was a square sail with a small rectangular sail above it. On the third was a three cornered lateen sail. These sails make it possible to sail in almost any direction. This opened the seas of the world to navigation. At this time navigators kept their knowledge and expertise secret from others. Adventurous seamen went on voyages of discovery, such as John Cabot to North America in 1497, following Italian Christopher Columbus' discovery of the new world in 1492. Ferdinand Magellan of Portugal circumnavigated the world in 1519, proving uncontrovertedly that the earth was spherical rather than flat. Theologians had to admit that Jerusalem was not the center of the world. Sailors overcame their fear of tumbling into one of the openings into hell that they believed were far out into the Atlantic Ocean and ceased to believe that a red sunset in the morning was due to a reflection from hell. Seamen could venture forth into the darkness of the broad Atlantic Ocean with a fair expectation of finding their way home again. They gradually learned that there were no sea serpents or monsters that would devour foolhardy mariners. They learned to endure months at sea on a diet of salt beef, beans, biscuits, and stale water and the bare deck for a bed. But there were still mutinies and disobedient pilots. Mortality rates among seamen were high. There are more navy ships, and they have some cannon.

The blast furnace was introduced in the iron industry. A blast of hot air was constantly forced from a stove into the lower part of the furnace which was heating at high temperature a mixture of the iron ore and a reducing agent that combined with the oxygen released. After the iron was extracted, it was allowed to harden and then reheated and hammered on an anvil to shape it and to force out the hard, brittle impurities. Blast furnace heat was maintained by bellows worked by water wheels. Alchemists sought to make gold from the baser metals and to make a substance that would give them immortality. There was some thought that suffocation in mines, caverns, wells, and cellars was not due to evil spirits, but to bad air such as caused by "exhalation of metals".

In 1502, German Peter Henlein invented the pocket watch and the mainspring inside it.

There were morality plays in which the seven deadly sins: pride, covetousness, lust, anger, gluttony, envy, and sloth, fought the seven cardinal virtues: faith, hope, charity, prudence, temperance, justice, and strength, respectively, for the human soul. The play "Everyman" demonstrates that every man can get to heaven only by being virtuous and doing good deeds in his lifetime. It emphasizes that death may come anytime to every man, when his deeds will be judged as to their goodness or sinfulness. Card games were introduced. The legend of Robin Hood was written down.

The Commons gained the stature of the Lords and statutes were regularly enacted by the "assent of the Lords spiritual and temporal and the Commons". The Commons now assented instead merely requested enactments.

The Law