elizabeth's money problems

elizabeth's money problems

12th Grade

10 Qs

quiz-placeholder

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elizabeth's money problems

elizabeth's money problems

Assessment

Quiz

History

12th Grade

Easy

Created by

Caroline Michel

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What year did Elizabeth ascend to the throne?

1560

1558

1574

1540

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much debt did the crown inherit in 1558?

300,000 pounds

200,000 pounds

100,000 pounds

400,000 pounds

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did the crown borrow money from?

London in England

The World Bank

Antwerp in Belgium

Paris in France

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the interest rate for the loans from Antwerp?

10%

12%

14%

16%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Mary try to do to deal with the crown's financial problems?

Raised taxes

Sold off Crown's land

Borrowed more money

Cut household expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major cause of inflation during Elizabeth's reign?

War expenses

Devaluation of the coin

Increased taxation

Excessive borrowing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who suggested improving the quality of the money in 1560?

Edward

Mary

Henry VIII

Thomas Gresham

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