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Word Count: 956
Europe in the 16th and 17th centuries saw a development of many strong and powerful monarchs Most of these monarchs were dynamic rulers whose success was due to their attention to all aspects of rule in particular economics society and foreign policy Two monarchs who show their strengths and weaknesses in these categories are Elizabeth I of England and Catherine the Great of Russia Though similar in some methods of their rule Catherine and Elizabeth held very different foreign policies These differences are what shaped their unique legacies Catherine the Great and Elizabeth I had economic policies which were comparable in some aspects but different in others Czarina Catherines entire economic structure was a command economy based on the institution of serfdom In 1785 Czarina Catherine had issued a document called the Charter of Nobility which not only released the nobles from the service required of them by one of her predecessors Peter I but granted them full control over their serfs as well Ursula In this way Russias economy was under the control of the nobility who were answerable to their Czarina Catherine Similar to Czarina Catherine Queen Elizabeth I also had a command economy which she regulated through an act passed called the Stature of Apprentices Peasants were required to live at the place of their birth work where commanded set wages and monitored apprenticeships Thus trade was essentially under the direct control of Queen Elizabeth I However Elizabethan peasants could not be compared to Czarina Catherines serfs because the English nobility was not allowed to manipulate them as they pleased In addition the majority of Queen Elizabeth Is income came from the dispensation of offices and lands and not profit off of the labors of the peasants Both Czarina Catherine and Queen Elizabeth I started their reigns off in debt Czarina Catherine was able to overcome the debt and even spend money on large social projects Volodymyr Kubijovyc but Queen Elizabeth
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