Consequences of Exploration for the Development of English Trade (Edexcel A-Level History): Flashcards

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Consequences of Exploration for the Development of English Trade
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Monopoly (trade)

Complete control of trade/industry by one group

Russia/Muscovy Company founded

1555

Chancellor's 1553 achievement

Reached Russia, established Moscow trading post

Eastland Company (when & where)

1579, Baltic trade, benefited York & Hull

Most profitable trade after cloth

Turkish Company (1581)

Privateer

State-sponsored pirate; Crown took share of treasure

English slave trade began

John Hawkins, 1562

Drake's circumnavigation

1577-1580

East India Company founded

1600

Atlantic trading triangle route

England→Africa→Americas→England

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