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Why did the king run out of money in the French Revolution?
He had inherited a large National debt and had increased it by supporting the American Revolution.
What is 3 D's for Articles of Confederation?
Debt, Depression, and Discontent
What did Thomas Jefferson think of the national debt?
He wanted to cut the national debt.
Many a French King?
Created the debt that King Louis XVI inherited.
Under the articles of confederation who pays for any old war debt?
The States
How did bush inherit a 5.8 trillion dollar debt if Clinton left office debt free?
Don't confuse the national debt with the national deficit. The national debt is the accumulated debt carried from year to year. The deficit is the difference between tax revenue and government expenditure in a given year. Clinton was able to get expenditures below revenus while he was in office (known as a budget surplus), but he was not able to eliminate the debt. Clinton inherited a massive debt from GHW Bush (which he inherited from Reagan), and passed an only slightly smaller debt to GW Bush.
Why did the king run out of money in the French Revolution?
He had inherited a large National debt and had increased it by supporting the American Revolution.
What is Newfoundland and Labrador's national debt?
well before newfound land (now called newfoundland&labrador) joined confederation they were approximately in 101million dollars in debt
What was the national debt at the end of bush term?
W Bush inherited a National Debt of $5.8 Trillion dollars. By the end of his time in office it had more than doubled to $11.9T.
What was the national debt in 1791?
the national debt was something used to create national debt
National debt in 2003?
What was the national debt in 2003?
What is the amount national debt in Peru?
$350,000,000 in national debt
What is the US national debt?
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
When was National Confederation of Senegalese Workers created?
National Confederation of Senegalese Workers was created in 1969.
When was Malaysian National Computer Confederation created?
Malaysian National Computer Confederation was created in 1967.
Was national debt ever been fully paid off?
Yes, several times. Most recently, President Clinton was able to balance the budget in his administration, despite having inherited a deficit from President George H.W. Bush. It was not several times and Clinton didn't do it. In fact the national debt was $5,727,776,738,304.64 when Clinton left office. Clinton left office with about a $1.5 trillion increase to the national debt. The only time the national debt has been paid off was in 1835 under President Andrew Jackson.
What is a sentence for the word national debt?
The national debt of this country is ridiculous.
