How did elizabeth1 make money?

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1171775

2026-03-11 19:10

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Elizabeth I generated revenue for England through various means, including taxes, trade, and the careful management of royal lands. She encouraged overseas exploration and trade, leading to increased commerce and the establishment of new markets. Additionally, her government benefited from the dissolution of monasteries, which transferred vast amounts of land and wealth to the crown. Elizabeth also implemented efficient fiscal policies, reducing royal debt and increasing the treasury's stability.

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