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What was John III known for in the realm of trade?

  • Monopolizing the silk trade

  • Monopolizing the wool trade

  • Monopolizing the spice trade

  • Monopolizing the gold trade

Answer

Monopolizing the spice trade was John III's notable contribution to the realm of trade. During his reign, he skillfully centralized the Portuguese spice trade, particularly with India and Africa. This allowed Portugal to control the lucrative market and amass immense wealth and influence. As a result, Portugal became a leading power in global trade, leaving a lasting impact on the commercial landscape of the era.
Regal Reign and Renaissance: A Challenge on John III of Portugal's Royal Era

Regal Reign and Renaissance: A Challenge on John III of Portugal's Royal Era

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