Answer:
True
Step-by-step explanation:
The British crown asked for huge funds and so borrowed massively from the Dutch and British bankers so that the war can be bankrolled, and this in turn impacted heavily and increased the British national debt.
The French and Indian war ended in 1763 and George William Frederick (King George III) brought in British army in the Americas for them to permanently stay there and defend the newly won territories from possible future attacks. This arrangement required huge funds to maintain.