answersLogoWhite

0


Best Answer

Money was one of Elizabeth's greatest problems. She had to sell monopolies. These gave very special trading rights to the merchants if they paid huge amounts of money to the queen. Merchants with monopolies put prices up to get more money. The people were furious, because it seemed as if the queen was taxing them without parliament arrangement. Elizabeth needed parliament to raise taxes for the war against Spain. Parliament usually granted taxes but it hated monopolies. Everyone knew the queen had the write to sell monopolies and that she needed the money, but it did not seem fair people were angry at high prices and high taxes. Elizabeth was risking he popularity she seemed to be giving up many monopolies. She seemed to be giving in to the Mp's However she kept their respect by making a special speech to parliament.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

She actually had a lack of money as all the tudors had. There was a lot of crime in England, people who were straving so she had very little money.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Queen Elizab

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Was money a problem of Elizabeth 1?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What was Elizabeths 1 problem and how did she solve it?

Elizabeth's had many problems with religion, other countries, marriage, taxes and money, the poor and Mary, queen of Scots.


Did Queen Elizabeth 1 change the money?

no


What are the release dates for Ladies' Man - 1980 Alan's Money Problem 1-10?

Ladies' Man - 1980 Alan's Money Problem 1-10 was released on: USA: 12 January 1981


How much money did Elizabeth gross worldwide?

Elizabeth grossed $82,150,642 worldwide.


What did Queen Elizabeth steal?

money


What was Elizabeth's perspective on money in Pride and Prejudice?

money has importance.her heroines are hankering after money .


How much money did Elizabeth gross domestically?

Elizabeth grossed $30,082,699 in the domestic market.


Why does elizabeth give her mother the money?

bcuz of


Queen Elizabeth never what?

Carries money with her.


How did Elizabeth I solve the problem of whom to marry?

She never did solve the problem of whom to marry. In fact, Elizabeth I never did marry. No one can be sure why she chose not to marry. Having never had children, Elizabeth I was the final monarch of the Tudor dynasty


Whose money does Queen Elizabeth 2 use?

The taxpayer's money and the government's.


Who is after the Queen Elizabeth 2?

elizabeth 1