Asked by Maribel Carrasco on Jul 11, 2024
Verified
Why was British economic recovery slower than that of France or West Germany?
A) The cost of maintaining the British Empire weighed on the domestic economy.
B) British welfare costs were higher than those of France.
C) British citizens paid proportionally higher taxes than French or German citizens.
D) The United Kingdom had a large trade surplus with the United States,which kept the value of the pound too high.
E) The United Kingdom spent 25 percent of its national budget on the military.
Economic Recovery
A period in which economic activity rebounds following a recession, characterized by increases in GDP, employment, and consumer spending.
Welfare Costs
Welfare costs refer to the expenses associated with providing social services and support to the needy members of a society, such as healthcare, education, and social security.
- Familiarize oneself with the economic policy changes and hurdles in Europe post-conflict.
Verified Answer
AH
Andrew HondrosJul 14, 2024
Final Answer :
A
Explanation :
The cost of maintaining the British Empire weighed on the domestic economy. This was a significant financial burden on the UK and prevented the government from investing in domestic industries and infrastructure. France and West Germany did not have the same imperial obligations, which allowed them to focus more on their own economies.
Learning Objectives
- Familiarize oneself with the economic policy changes and hurdles in Europe post-conflict.
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