What was the main economic shift Rainier brought to Monaco?
Fishing industry
Retail expansion
Film industry
Tax haven
Answer
The answer lies in turning Monaco from a principality dependent on gambling revenue into a thriving tax haven. Rainier liberalized economic policies and promoted tourism, ultimately making Monaco an international center for business, attracting wealthy individuals and businesses seeking a favorable tax environment.
Monaco's Magnificent Monarch: The Reign of Rainier III Quiz
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