Economic Change

Economy Trade & Empire 1625-88

KEY FACTORS FOR ESSAYS

Signficance of colonies - There is no doubt that imperial expansion had an important impact on the development of the Stuart Economy, although much of the trade was one-way, as imports of raw materials from the New world vastly outweighed any exports. The jamestown colonie

(TEXTBOOK EXAMPLE) Growth of London - economy wouldn't have been as successful if it was not for the development of London. A number of industries were based in London, and innovations in these helped to make Britain an important world economic power. London was the largest city within Britain, holding a population of 400,000 in 1650. it was the heart of the road and shipping network and, after the Turnpike act was passed in 1663, the first well-maintained turnpike roads led to london and London became a desireable place to live and…