History GCSE
Trade monopoly
What Trade monopoly means in History GCSE, as defined for Pearson Edexcel.
Definition of Trade monopoly
Check what you remember
Read the wording for your board, then hide it and explain Trade monopoly in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The strict control of commerce that the House of Trade ensured Spain maintained over its overseas territories.
Topics that use Trade monopoly
- 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
- Monopoly licenses
Using Trade monopoly in the exam
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