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Deficit Spending
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∙ 14y ago
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In order to pay its war debt Germany?
Borrowed more money.
How did government mobilize the economy for the war effort World War 1?
Congress passed the War Revenue Act of 1917. The Government borrowed money to pay for the war.
What was the problem caused when congress borrowed money for war?
never using this agaon
What did the goernment did to raised money in world war 1?
They borrowed it, and then created a 20 year tax to pay it off. It was called the Income Tax. Go figure.
Which was an example of deficit spending during the war?
An example of deficit spending during world war II was military spending that surpassed the amount of taxes that the government was collecting. The government took great efforts in convincing the American people that rationing was an equitable act.
What did Germany do in order to pay its war debt?
borrowed more money
Why did the government borrowed large amounts of money during the revolutionary war?
War costs a lot of money. They are not free.
In order to pay its war debt Germany?
Borrowed more money.
In order to pay its war debt Germany had to?
borrowed more money
Why does Iraq owe the US money?
because they borrowed money from US to pay for war stuff
How did the US raise the money to fight the Civil War?
They borrowed money form France and Spain.
What two countries borrowed money from US in World War 1?
France and BritainFrance and Britain
What is a four-letter word for a problem cuased when congress borrowed money for war during the revolution?
Debt.
How did government mobilize the economy for the war effort World War 1?
Congress passed the War Revenue Act of 1917. The Government borrowed money to pay for the war.
Did the Civil War help the North?
As happens today, the Federal Government borrowed money to pay for food, equipment, and uniforms to conduct the war.
How did the government pay for the war efforts?
The government raised taxes higher and borrowed money from banks and others to get the rest.
How did banks help the north civil war?
As happens today, the Federal Government borrowed money to pay for food, equipment, and uniforms to conduct the war.
