After WWI, Britain's wartime borrowing made it a:

1. NCERT discusses WWI's economic legacy. 2. Britain — once the world's leading economy — emerged from the war burdened with huge external debts. 3. India and other parts of the empire were affected by Britain's economic difficulties. _Source: NCERT Class 10 History India and the Contemporary World - II, Ch 3 "The Making of a Global World", §Post-war ¶1_