2. 1. Encouraged English sailors to attack &
destroy Spanish ships( gold, silver, other
treasures)
2. Encourage English traders to settle &
create colonies led directly to
Britain´s colonial empire (17th C & 18th C)
3. 1st English colonists sailed to America Sir Walter Raleigh
brought tobacco to
England.
without success to start
profitable colonies in
Virginia.
England selling African slaves
John Hawkins( 1st slave cargo)
1650b slavery important trade
End 18th c ended
4. This growth of trade not new
End 15th c Merchant Adventures Companies
Elizabeth´s reign ´´ chartered ´´ companies
• gave rights all business
•In return gave its profits to the Crown
•Were established during Elizabeth reign :
EASTLAND COMPANY SCANDINAVIA , THE BALTIC (1579)
LEVANT COMPANY OTTOMAN EMPIRE (1581)
AFRICA COMPANY to trade in slaves (1588)
EAST INDIA COMPANY INDIA ( 1600)
5. EAST INDIA COMPANY Dutch controlled the spice trade
East Indies( Indonesia)
English share in this rich trade
but unsuccessful
Operate INDIA
PERSIA
JAPAN (trading station 1613 – 23)
England 1st difficulty with Dutch quarrel over spices
Before ended 17th c trading competition Dutch 3 wars.