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The war debt allowed the nation to continue to fight until the war was won. The war bonds benefited the people who purchase the bonds and earned their interest. It also allowed the government time to pay the debt back.
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∙ 14y ago
Wiki User
∙ 15y agoAided the rearmament
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Did roosevelt use deficit spending during world war 2?
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
How did farms help the war effort?
i dont know someone help
How did tennesseans help the war effort on the home front?
bmbmb
How did women help the war effort ww1?
they worked in idustries
What were scrap drives and how did they help the war effort?
i dont care you read books
Did roosevelt use deficit spending during world war 2?
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
Why was president Roosevelt reluctant to use deficit spending to help American economy from the great depression?
Franklin D Roosevelt was reluctant to use deficit spending to help the economy because he knew the effects it would have later.
How did roosevelt inspire hope?
Roosevelt did many things to help, he made fireside chats, social security act, and deficit spending.
What was president hoover's fear about deficit spending?
President Hoover feared that deficit spending would lead to inflation and undermine the stability of the economy. He believed that the government should operate with a balanced budget and not rely on excessive borrowing to fund its activities. He prioritized fiscal responsibility and believed that deficit spending could have long-term negative consequences for the economy.
Who was the British economist who believed that govement that deficit spending in a recession could help the economy recover?
Keynesian theory
Why did Kennedy want to increase military spending?
To keep up the u.s arms to match Russias arms spending.
How can I popularize the Go Green concept?
Popularizing the Go Green concept will have to be a collaborative effort; you can't do it all on your own, but you can help. Inform people about the importance of going green. Try creating a website.
Which british economist who believed that government deficit spending in a recession could help the economy recover?
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
Does government should help financially to support market or not?
the govt. is in deficit budget, and it is not in a position to help financially. the govt. is in deficit budget, and it is not in a position to help financially.
Which plan would most quickly correct a budget deficit worth 15 percent of total spending?
A plan that combines spending cuts and revenue increases would most quickly correct a budget deficit worth 15 percent of total spending. By addressing both sides of the equation, it would help to immediately reduce spending and increase revenue. This balanced approach would have a quicker impact, allowing for a faster resolution of the deficit issue.
What best describes how the federal goverment financed the war effort?
In average wars; Korean, Vietnam, Afghanistan, Iraq, the USA government financed it with taxes. In Big wars like WWI and WWII; war bonds were sold to help pay for the cost of fighting the war.
What did President Nixon advocated as an economic stimulus?
President Nixon did try to help the economy. Nixon imposed wage-price controls which were not successful. Nixon also attempted to gain better management of government financial programs.
