commerce rivalry

• What did Spain and England compete for in 1570?

  Access to markets and resources in the New World
• What was the significance of Spain conquering Mexico and Peru?

  It provided vast amounts of gold and silver
• What resources did Spain control after conquering Mexico and Peru?

  Gold, silver, sugar cane, and tobacco
• Who was trading and journeying around different ports of the world?

  English sailors like Sir Francis Drake
• How did Spain hinder England's trade?

  By closing off trade routes and ports
• What was the effect of Spain's actions on England's economy?

  It reduced England's economy
• What did privateers do to Spanish colonies?

  They began raiding Spanish colonies
• How much silver did they raid?

  40,000
• Who did Elizabeth encourage to attack Spain?

  Dutch rebels known as Sea Beggars
• What showed Elizabeth's support of privateering?

  She knighted Francis Drake