In England and Wales, the Tudor period occurred between 1485 and 1603, including the Elizabethan era. The Tudor period coincides with the reign of the House of Tudor, which began with the accession of Henry VII and ended with the death of Elizabeth I. Under the Tudor dynasty, art, architecture, trade, exploration, and commerce flourished. Historian John Guy (1988) argued that "England was economically healthier, more expensive, and more optimistic under the Tudors" than at any time since the ancient Roman occupation.