jan 1, 1574 - Her 1st accomplishment Her policies cleared debt and provided economic prosperity
Description:
When Elizabeth 1 took over the throne of England, she inherited a virtually bankrupt state from previous reigns.She thus introduced frugal policies to restore fiscal responsibility.Her fiscal restraint cleared the regime of debt by 1574, and ten years later the Crown enjoyed a surplus of $300,000.Added to timeline:
Date:
jan 1, 1574
Now
~ 451 years ago