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    History A-Level

    National Debt

    What National Debt means in History A-Level, as defined for Pearson Edexcel.

    Definition of National Debt

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    Reference: Pearson Edexcel

    A permanent, funded debt placed on a long-term footing, on which interest was paid from taxation.
    Pearson Edexcel · How revolutionary, in the years to 1701, was the Glorious Revolution of 1688–89? (study guide)

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