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War with spain (Political and religious rivalry (English response to…
War with spain
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Commercial Rivalry
Commercial Rivalry
By the 1570's ,England and Spain had become Trade rivals.Both competing for the the resources of the new world
The Spanish Government were very wealthy and had lots of gold and silver which were regularly transported from there south american provinces such as mexico and Peru to mainland Spain
Britain began to rival Spain setting up trade routes between America,Europe and Asia.
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Privateering
English Merchants Funded by the English Government,Raided Spanish colonies and Trading ships
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By 1580,loss of silver meant that the Spanish government in the Netherlands became Bankrupt and could not afford to continue to fight the war
Deteriorating Relations
by the 1580's, the actions of Drake and other Privateers had brought England and Spain to the brink of war.
When Elizabeth knighted drake it showed her dislike towards the Spanish . her actions showed her support for financial loss for the Spanish
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