0
Still curious? Ask our experts.
Chat with our AI personalities
Maxine
Steve
Vivi
Add your answer:
Earn +20 pts
In all but seven years since 1930 the federal government .?
has been in debt
The pros and cons of third world debt relief?
A pro of third world debt relief is that it gives countries the chance to develop. A con is that the money could have been used in your own country.
What was the national debt in 1791?
the national debt was something used to create national debt
Is a home mortgage debt considered a federal debt?
No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.
When was the First Large Growth in Public Debt?
Depends what you mean by large. The US has been in debt since day 1 due to Revolutionary War Debts owed to probably France. The only time it's been zero was during Andrew Jackson's presidency about 1835. First major surge in debt was the war of Northern Aggression (aka Civil War). Pretty much every war created huge surges in the Public debt, especially World War I, World War II, Cold War, War on Terrorism.
