English Language · English
Based on the passage, what conclusion can be drawn about the long-term effects of the rise of public debt in Britain?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It fostered stronger connections between rural and urban populations.
- 2It had no significant effect on Britain's empire or military.
- 3It shifted economic and political power from traditional landholders to mobile capital and the interests of stockholders.✓
- 4It created a more egalitarian society where all benefited equally.
Correct answer
It shifted economic and political power from traditional landholders to mobile capital and the interests of stockholders.
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