15

Question 1

How much did Britain borrow during the first war

Answer 1

$4,000m

Question 2

What surplus of weapons did Britain have

Answer 2

7,490 aircraft

Question 3

At what rate did Britain have to pay back American loans

Answer 3

£100m a year

Question 4

What rate did inflation increase by between 1914-15 and 1918-19

Answer 4

65%

Question 5

How much did India contribute to the war effort

Answer 5

£146m

Question 6

In 1914 how much of India’s imports were from Britain

Answer 6

2/3’s

Question 7

What taxes did Britain place on Indian imports in 1917 and 1931

Answer 7

11% and 25%

Question 8

When did Britain return to the gold standard

Answer 8

1925

Question 9

What Conference was held in 1932 which placed a 10% tax on imports

Answer 9

Ottawa Conference

Question 10

How many tons of shipping did German U boats lose Britain

Answer 10

11.7m tons - 54% country’s merchant fleet

Question 11

How many of Britain’s overseas assets were sold to pay for war

Answer 11

1/3

Question 12

What was the result of the Colonial Development and Welfare Act of 1940

Answer 12

Write off some Colonial debts and provided up to £5m Colonial grants a year

Question 13

What was the result of the Colonial Development and Welfare Act of 1945

Answer 13

Increased aid available to colonies to £120m over 10 years and each colony produce a 10 year development plan