Question

why was Britain burdened with huge external debt after the first world war????​

Answer 1

Explanation:

However, during World War I the British Government was forced to borrow heavily in order to finance the war effort. The national debt increased from £650m in 1914 to £7.4 billion in 1919. During World War II the Government was again forced to borrow heavily in order to finance war with the Axis powers.

Answer 2

Explanation:

Britain has borrowed liberally from the USA for its war time expenditure, thus at the end of the war, Britain was burdened with huge external debt. five British workers was out of work. Anxiety and uncertainty about work became an , enduring part of the post-war time.