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GCSE History · key term
Exclusive control of a particular trade or market.
Used by AQA, Edexcel and OCR
Paper 2
An exclusive right to trade in a particular product or control a particular business, which could provide its holder with valuable income.
An exclusive right to conduct a particular trade, which could provide its holder with substantial income.
Paper 2
Control of a trade or market that excludes competitors.
Revise: ExplorationElizabeth had tasked him with capturing Spanish treasure and challenging Spain’s monopoly in the Americas.
Exclusive control over a particular trade or market.
Paper 2, Paper 3
An exclusive right to produce or sell particular goods, which Elizabeth could grant to favoured courtiers.
Revise: The Growth of Royal Power under the TudorsMPs also criticised Elizabeth’s grants of monopolies to favoured courtiers: these exclusive trading rights made royal favour a matter of wider concern.
An exclusive right to produce or trade in particular goods, granted to an individual or organisation.
An exclusive right to conduct a particular trade, legally excluding competing traders.
Paper 1
An exclusive right to trade in a particular product. Essex’s sweet-wine monopoly provided income, making its loss a serious financial blow.
Revise: Elizabeth and her courtAfter Leicester’s death in 1588, Essex received his lucrative monopoly on sweet wines: an exclusive trading right that brought Essex valuable income.
An exclusive right granted by the Crown to produce or trade in a particular commodity, restricting competition.
An exclusive right to carry out a particular trade or activity.
An exclusive right to conduct a particular trade. The East India Company’s monopoly restricted other English subjects from trading in its assigned area without permission.
Link Essex’s loss of royal favour to practical consequences: losing offices and monopoly income weakened his finances and his ability to reward followers.
Explain the causal link: ending the RAC monopoly allowed more merchants to enter the trade, which expanded slave trading while reducing the RAC’s dominance.
Use dated examples to support judgements: Cope’s religious proposals in 1587, Wentworth’s imprisonment in 1593 and the monopolies crisis of 1601.
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