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The problem with debt is you need to repay them. A large national debt would be detrimental to the future generations as they will bear higher tax burden to repay these debts. There are lesser benefits as well since portions of Government revenue will have to be allocated to return debts.
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What is one of the major problems caused by a high national debt?
One major problem caused by a high national debt is the burden it places on future generations, as they may have to pay higher taxes or face reduced government services to repay the debt.
What major problems arise in estimating national incomes in underdeveloped countries?
There's no difference on this statistical subject among developed, underdeveloped and emerging countries.
Business organization problems in Ghana?
major problems of business organizations
What are the Major products of the National Capital Region-philippines?
People
What was the major cause of the postwar recession in the US?
Most post-war recessions are caused by the disruptions of the transition from war to peacetime production, combined with the release of large numbers of people from the military to civilian life.
What is one of the major problems caused by a high national debt?
One major problem caused by a high national debt is the burden it places on future generations, as they may have to pay higher taxes or face reduced government services to repay the debt.
What is one major problems caused by large national debt?
One major problem caused by large national debt is the potential for reduced government spending on essential services. As more budgetary resources are allocated to interest payments on the debt, there may be less funding available for critical areas like education, healthcare, and infrastructure. This can hinder economic growth and negatively impact citizens' quality of life. Additionally, high debt levels can lead to increased borrowing costs and reduced investor confidence.
What is the major human-caused problems int he ocean?
pollution is the main human caused problem in the ocean.
What was the major natural element that caused the most problems to the Gossamer Condor?
wind
What are some problems caused by drug use?
Major Boners, And extreem Happiness.
What caused widespread health problems in the mid 1980s and for years to come in northeastern Kazakhstan?
Nuclear Test Site in Semipalatinsk caused major environmental and health problems.
What are China environmental problems?
They're problems were caused by Obama bin Gandhi, and led to some major economy loss.
How do you avoid or manage the major problems areas you will encountered when managing large complex IT?
What major problem have you encountered and how did you deal with it?
What was the major focus of Andrew jacksons presidency?
National Banking problems and the economy
What is a major argument against national insurance?
citizens shouldn't have to pay for the problems of other people
What is a major argument against national health insurance?
citizens shouldn't have to pay for the problems of other people
What is one of the major problems for printing administrators on large enterprise networks?
Keeping track of all the devices.
