History GCSE
Economic monopoly and trade
What Economic monopoly and trade means in History GCSE, as defined for Pearson Edexcel.
Definition of Economic monopoly and trade
Check what you remember
Read the wording for your board, then hide it and explain Economic monopoly and trade in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The Crown established the Casa de Contratación in 1503 to enforce a strict monopoly on trade, ensuring wealth flowed directly to Spain.
Topics that use Economic monopoly and trade
- Option P1: Key topic 1: Spain reaches the Americas, c1490–1512 - 3 Spanish claims in the Caribbean (Pearson Edexcel GCSE)
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Using Economic monopoly and trade in the exam
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