Although Elizabeth I was an effective ruler, there were still faults in her reign. She was careless with the economy which endangered the stability of her country. This was reckless and extremely risky, even though she eventually gained control of the situation at the end. Had she not, the country of England could have been in turmoil and would have gone under. But, despite this fault, she was an effective ruler as she saved England from defeat by the Spanish Armada, started the Elizabethan Era, a great definition of English culture, and set a fantastic precedent for female rulers in a time when they were not celebrated. Elizabeth I could have done certain things differently than she had, but overall, she wanted what was best for her country