Trade and Exchange in Early England Essay Example | Topics and Well Written Essays - 1500 words

Trade and Exchange in Early England - Essay ExampleBy reviewing the history of trade and exchange in England, Curtins assertion will be proven true.The River Thames is where Englands first pillage into trade and exchange began. With its estuary opening out to the North Sea and beyond that the Baltic and the River Rhine leading to Continental Europe (Clout, 22), the structural basin rimming its shores provided an ideal location to establish Englands biggest city, London. Beginning circa AD 50, Londinium was established by the Romans and populated with citizens who used the River Thames to not only do their laundry and provide their drinking water, moreover as a thoroughfare which encouraged trade with other countries through its junction of road, river and sea-going traffic (Clout, 22) and even its consume mint to create coins. The Roman, Tacitus, in the second century, described Londinium as a place teeming with business community and a famous centre of commerce (Clout, 25). By t he late fifth century, the Romans had abandoned the city but it was their early efforts of building roads, bridges, and houses of commerce, while establishing a busy importing business, which first gave London its reputation as a thriving port. Under Anglo-Saxon rule, London and the country of England go along to be developed specifically for ease of trade with other regions of the empire. Lundenwic was another major city of the period specifically established by the East Saxons as a trading town and river port (Clout, 40).In the Middle Ages, London continued to grow and prosper while the royal and government offices migrated from other areas in the country to reside in the city proper. The majority of overseas trade was channeled into the Port of London, although the east and south ports remained busy as well. woollen and cloth became the two main exports, while Cornish tin, hides, sheepskins, and foodstuffs were also sent to foreign merchants, although it was Londons reputation a s a major marketplace for imported goods, in particular wine, which had a greater impact on the Medieval economy. Fleming and Italian merchants use their considerable financial backing to organize this trade (Clout, 52). High want for imported raw materials and manufactured goods was a boon to merchants and bespoke the higher standard of living many another(prenominal) Englanders had come to expect in the fifteenth century.Icy conditions in the winter, however, precluded far-reaching travel during those months while spring and summertime were the busiest periods for cargo ships. Ships of this time period were built with vast holds to carry the maximum of goods (Marshall, 12) for exchange. England lagged behind other countries in exploring across the Atlantic Ocean, however. Consequently the countrys major exchanges were made only between European ports of call (Marshall, 33) until feasible trade routes were discovered by Portugal, Spain, and France.During the Tudor and Stuart per iods, much of London was rebuilt and its major waterways redirected the River Walbrook was filled in and the coldcock surrounding the city, created by the Romans centuries earlier to stem invasion attacks, also covered over (Clout, 58). Londons ports became official quays, positively charged the city as the major hub of commerce in England.According to