History GCSE
House of Trade
What House of Trade means in History GCSE, as defined for Pearson Edexcel.
Definition of House of Trade
Check what you remember
Read the wording for your board, then hide it and explain House of Trade in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The institution, founded in Seville in 1503, that strictly regulated all commerce, navigation and emigration to the New World.
Topics that use House of Trade
- Option P1: Key topic 3: The Spanish Empire c1528–c1555 - 3 Impact of the 'New World' on Spain (Pearson Edexcel GCSE)
Related terms
- Council of the Indies
- Asiento system
- Cacao and tobacco
- Centralised bureaucratic government
- Monopoly licenses
- Trade monopoly
Using House of Trade in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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