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Subjects>History>American Government

The pros and cons of third world debt relief?

Anonymous

∙ 10y ago

Updated: 4/28/2022

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.

Wiki User

∙ 10y ago

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Continue Learning about American Government

What is the purpose of the government debt relief?

There are many reasons that the government provides debt relief. The main reason and purpose behind government debt relief is that people can keep their homes and vehicles.

What Could be undertaken to help alleviate Third World debt?

i dont kw but i need to know right now coz im in ICT xx thanks guys :) Yeah me too, can you help?? XD <3

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.

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