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Monasteries such as Durham became rich because of all of the land that it owns from renting and also from the schools that they pay to get taught. The monasteries weren't supposed to be this rich so Henry 5th shut down lots of monasteries and abbeys. This was called the dissolution of the monasteries
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoSome monasteries and convents are paid for by their religious group through "tithes" and/or donations.
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