Please enable JavaScript.
Coggle requires JavaScript to display documents.
Navigation Acts and the Promotion of English Shipping - Coggle Diagram
Navigation Acts and the Promotion of English Shipping
Navigation Acts
1489 and 1485
much of England's trade carried in foreign ships- particularly Italian and Hanseatic vessels
profits flowed abroad rather then enriching english merchants and shipowners
requiring that certain goods be carried in English ships rather than foreign ones
This was a protectionist measure designed to keep the profits of carrying trade within England
MOST SIGFIG 1485
required Gascon wines and Toulouse woad imported in english ships
targeted directly lucrative wine trade- dominated by foreign carriers
1489- extended THIS INCLUDING CREWED BY ENGLISH SAILORS
Hanseatic League
powerful German merchant confederation
dominated certain areas of english trade e.g baltic
fiercely resisted attemps to reduce privilege
Preferential trading rights in England had long been enjoyed by hanseatic merchants through steelyard in london
League's power meant that English merchants struggled to break into Baltic trade
A significant structural weakness in England's commercial position that Henry was unable to fully resolve
Limitations
difficult to enfr=orce and frequently evaded
foreiign merchant found ways to circumvent them
custom officials lacked the resources to police every port effectively
IMEDIATE ECONOMIC IMPACT LIMITED but acts A significant structural weakness in England's commercial position that Henry was unable to fully resolve