What were the major sources of improvement for the UK economy after 1947?
American money given through grants and loans
Gold reserves discovery
Global trade
Profit from war spoils
Answer
The United States was the main source of financial aid for the United Kingdom after World War II. The American government provided billions of dollars in loans and grants to help the UK rebuild its economy and infrastructure. This aid was essential in helping the UK recover from the war and to become a major economic power once again.
The Stafford Cripps Challenge: Test Your Knowledge of a Legendary British Politician and Diplomat!
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