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  1. Mar 17, 2015 · Elizabeth was well aware that her reputation in Europe would be damaged if she had bad credit. Therefore Elizabeth raised as many loans as she could at home. This meant that those who loaned money could be more easily controlled and news of such loans would be restricted.

  2. Elizabeth mainly used Parliament to grant her taxes - this was her main income. Elizabeth could close (prorogue) Parliament at any time.

  3. Quick answer: Elizabeth I took several measures to improve England's economy. She reformed lending laws in 1571, allowing the Crown to borrow domestically at lower interest rates, which...

  4. Raising a loan in Antwerp solved two immediate problems: first, it provided cash at a time when it was difficult to see how else it could have been obtained; and secondly, it minimized the transfer problem. Money which was to be spent largely in the Low Countries was also being raised there. The opportunity was gratefully seized.

  5. Life in Elizabethan England - Edexcel Increase in poverty - reasons why. Elizabeth’s reign was seen as a ‘golden age’ of culture and exploration, but society was characterised by extremes of rich...

  6. Learn about and revise early rule in the Elizabethan era with this BBC Bitesize History (Edexcel) study guide.

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  8. The first factor to show that Elizabeth dealed with her finances successfully was the selling of crown lands. Elizabeth sold crown lands she felt were surplus because this would help contribute toward building the cash reserve she achieved in 1585. This brought in £600,000 throughout her reign.