History Commons^™

Anglo-American Loan And Britain's Economic Struggles In Post-War Europe, Jessica Solomon

Armstrong Undergraduate Journal of History

The Anglo-American Loan of 1946 weakened the British Empire as the United States grew as the top global power. By supplying the Allied Powers with weapons and ammunitions during World War II, through the Cash and Carry Policy and the Lend-Lease Act, the United States economic superiority in the postwar made most of Europe look for assistance in the rebuilding of Europe. This research paper, through the analysis of primary and secondary sources, conducts how the British Empire fell at the hands of the United States in the 20^th century. Through looking at British Parliament and American Congress transcripts, …