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Why did Elizabethans voyage overseas and were they successful?

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Introduction

´╗┐Why did Elizabethans voyage overseas and were they successful? During the middle ages Europeans know little about the rest of the world. Silks, spices were brought overland to Europe from India and china, but sailors didn?t dare to sail the unknown seas. In this essay I will be discussing why Elizabethans were made to go on over sea voyages in the 1550s during the time of the cloth trade collapse. What did England achieve from these successful voyages over sea and what new markets did they find to sell their goods also how did Britain become the most powerful country in the world . In addition to who were the sailors that helped England claim power and wealth? Between 1430-1530 European sailors began making voyages across the oceans. In 1550 the cloth trade collapsed .Merchants need to find new markets in which to sell their goods. Markets such as the Muscovy company which traded with Russia in timber and lurs also the East Incia Company which traded with India and the Far East in silks, spices, cotton and tea in addition to The Levant company which traded with countries around the eastern Mediterranean in currents and dyes. ...read more.

Middle

There were monopolies on the trade companies. Monopolies is when you have control over a given market, you are given a legal piece of paper (warrant)telling you that you could trade with that company , but that warrant didn’t come free you had to bid for it in order to get it . The companies paid Elizabeth money so that they could get their warrant and trade with the country that they wanted to trade with. The money which was used to pay for the warrants goes to Elizabeth so she can then deal with her economical problems and the debt that her sister Mary put her in of £250,000. After the monopolies expired you would have to pay again for them and get it renewed or else you could no longer trade in that area. Merchants, nobles, and even the queen invested in these voyages .They made large profits from captured cargoes like gold and silver. Francis Drake stole silver, gold and jewels from Spanish ships coming from Mexico. This gold and silver benefited the economy as it made them more money. ...read more.

Conclusion

However some sailors were unsuccessful like Sir Humphrey Gilbert who explored the north coast of America but was never seen again. Also Sir Walter Raleigh of 1595 who set to sail for south America hoping to find El Dorado , a legendary city full of gold . He never found the city and never returned with any gold making him useless to the country as he did not benefit it. England had more power, defence and a stronger navy than before as British sailors improved their skills in sailing and fighting at sea. New and faster ships were built by Hawkins. These ships helped in the Spanish armada in 1558.By 1603 England had become the greatest sea-power in the world. In conclusion the Elizabethans were successful on their voyages overseas as Britain became the most powerful and richest country in the world by 1803.The trading companies became very wealthy in the seventeenth century. England had the greatest sea-power in the world which lasted until the twentieth century. They were encouraged to go on voyages overseas so that they could trade with other companies as they needed new markets to trade with after the cloth collapse and become wealthier as I stated in the essay. Sailors like Francis Drake helped gain success on voyages overseas. Mina.M ...read more.

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