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Answer:
Royal Georgia refers to the period between the termination of Trustee governance of Georgia and the colony's declaration of independence at the beginning of the American Revolution
Explanation:
The history of the British national debt can be traced back to the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt, which evolved into the Bank of England. In 1815, at the end of the Napoleonic Wars, British government debt reached a peak of £1 billion.
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