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What is a history sentence for national debt?

National debt refers to the total amount of money that a country's government has borrowed and owes to creditors. Throughout history, nations have accrued debt to finance wars, stimulate economies, and address crises. For example, in the aftermath of World War II, many countries significantly increased their national debt to rebuild their economies. The management and implications of national debt continue to shape economic policies and discussions worldwide.


Which person developed new economic ideas based on government's borrowing and spending more money during an economic crisis?

The person who developed new economic ideas based on government borrowing and increased spending during economic crises is John Maynard Keynes. His theories, known as Keynesian economics, advocate for active government intervention to manage economic fluctuations, particularly through fiscal policy. Keynes argued that during downturns, increased government spending can stimulate demand and pull the economy out of recession. This approach became particularly influential during the Great Depression and has shaped modern economic policy.


Why is the federal government allowed to borrow money to go into debt?

The federal government is allowed to borrow money to finance its operations and manage the economy, as authorized by the Constitution. This borrowing enables the government to fund essential services, invest in infrastructure, and respond to economic crises without immediately raising taxes or cutting spending. Additionally, the ability to incur debt can help stabilize the economy during downturns by allowing for increased government spending when private sector demand is low. Ultimately, borrowing can be a tool for promoting long-term economic growth and maintaining fiscal flexibility.


What events had influence the economic activity?

the events that influence the economic activity is the banking crises recession because our country is in debt


What Are The Obstacles In Economic Development In Pakistan?

economic obstacles Social and cultural obstacles political obstacles ECONOMIC OBSTACLES 1: lack of capital 2: use of backward technology 3: heavy debt burden 4: banking and financial crises 5: international crises 6: market imperfection

Related Questions

How can economic crises end?

Economic crises will be end when nation's economy is constant for this national economic policy should be clear.


What is a National Crisis?

A national crisis refers to a significant event or situation that poses a threat to the wellbeing, stability, or security of a country. It can involve various issues such as natural disasters, economic downturns, terrorist attacks, public health emergencies, or political unrest. National crises typically require urgent attention and effective management from the government to mitigate their impact.


What contributed to the panic?

economic crises in Great Britain


The main theme of the New Deal was .?

increased government involvement in peoples lives.


What has the author Jack Mangala written?

Jack Mangala has written: 'New security threats and crises in Africa' -- subject(s): International Security, Politics and government, National security 'Africa and the new world era' -- subject(s): Politics and government, Economic conditions, World politics, Strategic aspects, Foreign relations


What is the bank for international settlement?

It is designed to prevent economic crises.


What contributed to the panic 1837?

economic crises in Great Britain


What is bank for international settlements?

It is designed to prevent economic crises.


What should be the main tast of pakistan government to do in lot of crises?

The main task of the Pakistan government is to defend it's citizens. Defending it's citizens against internal and external enemies, as well as economic pressures.


What has the author Jose Maria Sison written?

Jose Maria Sison has written: 'Sa loob at labas ng piitan' 'The implosion of the Communist Party of the Philippines' -- subject(s): Interviews, Communists, Politics and government, Revolutionaries, History, Communist Party of the Philippines (1967- ), Communist Party of the Philippines (1930- ) 'Das Projekt Befreiung' -- subject(s): Communists, Government, Resistance to, Politics and government, Biography, Resistance to Government 'Philippine crisis and revolution' -- subject(s): Financial crises, Social aspects, Economic conditions, Economic policy, Social aspects of Financial crises 'Jose Ma. Sison' 'Josemasison' 'Philippine economy and politics' -- subject(s): Politics and government, Economic conditions 'Prison and beyond' 'Selected writings of Jose Ma. Sison, 1991-2009' 'On national democracy' -- subject(s): Politics and government, Communism


What has the author Jerzy Hausner written?

Jerzy Hausner has written: 'Z \\' -- subject(s): Economic policy, Politics and government, Economic conditions 'Elementy Teorii Polityki' 'Financial crisis of a state in transformation' -- subject(s): Economic conditions, Economic policy, Financial crises, Public Finance


What has the author Chin-Hee Hahn written?

Chin-Hee Hahn has written: 'Post-crisis growth and bankruptcy policy reform in Korea' -- subject(s): Bankruptcy, Economic conditions, Economic policy, Financial crises, Government policy