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Why was Great Britain in so much debt?

2 Answers

10 votes

Answer:

Great Britain was in a lot of debt because of how often they went to war and had issues with other countries.

User AllBlackt
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Step-by-step explanation:

The British thought the colonists should help pay for the cost of their own protection. Furthermore, the French and Indian War had cost the British treasury £70,000,000 and doubled their national debt to £140,000,000. Compared to this staggering sum, the colonists' debts were extremely light, as was their tax burden.

I hope this can help yah

User Vixed
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