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Basile [38]
2 years ago
14

What did Queen Elizabeth I do to protect the value of silver coins?

Social Studies
1 answer:
Karo-lina-s [1.5K]2 years ago
6 0
When Elizabeth I took over the throne of England, she inherited a virtually bankrupt state. So she introduced frugal policies to restore fiscal responsibilities. She cleared the regime of debt by 1574, and 10 years on the Crown enjoyed a surplus of £300,000.
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