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"The colonial debt totaled 2 million pounds to Britain's 132 million. In fact, just the interest charges on Britain's debt cost the empire 4 million pounds per year. Still, the colonists railed against taxation."
from http://www.sparknotes.com/history/american/prerevolution/section1.html
That was a great question.

2007-12-15 02:19:40 · answer #1 · answered by Menehune 7 · 0 0

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RE:
How much was the British war debt after the French and Indian War?

2015-08-18 17:13:12 · answer #2 · answered by Gare 1 · 0 0

It meant that they spent more than they had. Normally these costs are borrowed from the people in the form of loans, but some would be to banks. As no other countries aided Britain in the war, I doubt it would owe other countries. They tried to eliminate the debt by increasing taxation on the American colonies.

2016-03-16 00:24:47 · answer #3 · answered by Maureen 4 · 0 0

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