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What happened to the kingdom's economy during Christian IV's reign?

  • Went into depression

  • Attained stability and wealth

  • Bankrupted

  • Fluctuated

Answer

During Christian IV's reign, the kingdom's economy attained stability and wealth. He was a skilled administrator and had a strong interest in commerce and shipbuilding. He founded the Royal Danish East India Company and supported the establishment of many trading towns. As a result, the Danish economy grew and the country became a major power in northern Europe.
Crowning the Quiz: Unveiling the Reign of Christian IV of Denmark!

Crowning the Quiz: Unveiling the Reign of Christian IV of Denmark!

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