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Great Britain managed to rebuild their economy and infrastructure in the decade following the war. But European markets continued to be greatly reduced even under the Marshall Plan, and the Empire lost the last of its numerous colonies to independence. Accordingly, the country reduced its expenditures even as it adopted many socialist policies. While still fairly functional economically, it did not have nearly the same vast international influence as it had in the 19th and early 20th century.

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11y ago

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