England and the Promotion of Trade in 16th and 17th Centuries

Abstract

The trade in the early modern England represented a crucial element of the state economy and the Crown had to make a particular effort to support it. Therefore, the main point of the article is to describe several ways which the English state used to promote the trade in the era of Tudor and Stuart monarchs. Also, the significance of trade in general is discussed as well as its impact on economy of the state. Key points in the international relations are pointed out and so is the activity of the Crown in the encouragement of navigation and colonial activity. Also, the role of trade companies, the trade laws which were imposed, and the growing importance of the Navy are highlighted. Therefore, the article concludes all the fundamental moments of the 16th and 17th centuries which impacted further development of the English trade.