After World War II ended in 1945, Great Britain was faced with paying off the bills that had been incurred during the fighting. Far fewer men had been killed during battle than in World War 1250,000, as opposed to 750,000-but the machinery required to fight had been much costlier. Unlike America, where returning veterans could expect to find factories and places of business still intact, many of Britain's key industrial centers had been reduced to rubble by German air raids. During the war, the British economy had been propped up by American loans under the Lend-Lease program, which had been enacted in 1941 specifically to help out during the war. On August 21, 1945, not even a week after the end of the war in the Pacific, American aid ended. In the.....
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