had to transfer power to competent ministers and in particular to his High Court Marshal, Adam Gottlob Moltke, who functioned as the real head of state throughout Frederik V’s entire reign. The kingdom experienced a general economic upswing during this period, and the court came to be characterized by elegant splendour, while trade and industry benefitted from Denmark-Norway’s policy of neutrality toward warring parties. Moltke organized the Construction of the palace quarter of Amalienborg and Frederiksstaden in honour of the King.