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Main consequences of Raleigh and Drakes voyages (Money (Important (Impact…
Main consequences of Raleigh and Drakes voyages
Inspiration
John Davis made three voyages to find the (non-existent) Northwest Passage in 1585-87
The Jamestown expedition (1607), which founded England’s first permanent overseas colony
Sir Humphrey Gilbert and Raleigh himself were inspired by Drake’s success
voyages of Drake and Raleigh inspired many other Englishmen to undertake similar voyages
Less important
Impact of Raleigh and Drake’s voyages tended to be very long-term
Important
made a lasting and permanent difference to England’s role in the world
showed that there were many opportunities to make money overseas
make a major difference to the English economy
Money
he theft of treasure from the Cacafuego in 1579 brought in £140,000
Drake’s ships stole much more treasure from the Spanish in 1577-1580
The colonisation of Virginia created potential for trade routes. This would make money for English merchants
England would be less dependent on other European countries for certain good
Both Drake and Raleigh brought back a lot of treasure and wealth back to England
Important
Impact of this money was immediate and substantial
Drake’s treasure haul was larger than all of the rest of Elizabeth’s 1580 income
It made a major difference to the English economy. The profit from Drake’s mission allowed Elizabeth to pay off the national debt
Less important
Therefore the economic impact of these trade links was confined to the long-term
The trade impact of Raleigh and Drake’s voyages tended to be minor and long-term
Knowledge
Hariot produced books which described the people, plants, animals and minerals of the local area
Whites pictures of Native Americans fascinated many Europeans
Raleigh’s voyages gave the English a much clearer idea of what the east coast of North America
Less important
scientific knowledge gained by these explorers was not always of much practical value
Knowing about different plants did not always have much immediate significance for people at the time
Drake’s voyages gave the English better maps and charts of key areas such as Tierra del Fuego
Important
English merchants established the ‘East India Company’ in 1600
The navigational knowledge would have a real and permanent economic impact
Attacking of Spain
They could now trade for European goods with another country
Drake’s thefts from Spain directly undermined the Spanish war effort
Privateers like Drake could stop off for supplies at Roanoke Island, before going on to attack the Spanish
Stealing Spanish treasure, Drake deprived Philip II of much-needed cash to pay his armies.
The colony at Roanoke Island was a useful base for attacking Spanish ships in the Caribbean
Less important
impact was only felt in the long-term
Spain was receiving so much treasure from South America that Drake’s attacks did not have much impact on Spanish finances
Important
The attacks on Spain had major practical value, because they made war between England and Spain much more likely
Philip II was very angry about how the English were attacking his ships in the Caribbean