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How did Pitt the Younger manage the war expenses?

  • Decreased taxes

  • Increased taxes

  • Borrowed funds

  • Privatized industries

Answer

To manage the escalating war expenses, Pitt the Younger implemented a series of financial measures, including increased taxes, stricter collection methods, and the creation of a sinking fund to reduce the national debt. These measures, combined with his skill in managing the economy and his ability to inspire public confidence, helped Britain to finance its military campaigns successfully.
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