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Elizabethan Economy/Colonisation Essay

Hi,

I'm going through essay plans and came across the question:
‘Exploration, trade and colonisation beyond Europe were responsible for economic growth in England in the reign of Elizabeth I.’ from the AQA 1C Paper 1, 2021.

Honestly, I've no idea how to structure this. I was thinking:
P1 - Trade/Colonisation, etc outside Europe
P2 - Trade within Europe
P3 - Elizabethan Poor Laws/Poor Relief
P4 - Other Factors(Rebellion in Ireland, war with Spain, etc.)

But it just doesn't sound right, and I'm not even sure if that answers the question. If anyone has any advice I'd appreciate it, thanks.

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