History GCSE
Monopoly licenses
What Monopoly licenses means in History GCSE, as defined for Pearson Edexcel.
Definition of Monopoly licenses
Check what you remember
Read the wording for your board, then hide it and explain Monopoly licenses in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Licenses sold by the Spanish Crown that generated significant revenue and enriched merchants in Seville.
Topics that use Monopoly licenses
- 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
- House of Trade
- Asiento system
- Cacao and tobacco
- Centralised bureaucratic government
- Trade monopoly
Using Monopoly licenses 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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