Patterns of Trade

• Internal trade had a greater value than foreign trade, with large internal developments occurring in coal shipping.
• London markets grew, some coal was also exported to France which worked to develop trade.
• Goods became more affordable, with the growth of the import of luxury goods.
• Cloth trade declined with the Netherlands, with the Antwerp market seeing a decline from 1550.
• Cecil, one of the Queen's advisers, wanted to not have a reliance on a single market (meant more alternative trades were established).
• Trade increased, with attempts to establish overseas markets such as in Russia.
• Gilbert wanted to colonise North America, encouraged by Raleigh and his 1584 publishing (gained investor support and received a patent to colonise Roanoke).
• Was the attempt to colonise Roanoke successful?

  • No, bad organisation.
  • Bad luck
  • Queen failed to give priority to the matter, facing war in Spain.