0
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.
Wiki User
∙ 9y ago
Wiki User
∙ 11y agousing borrowed money to finance war production
Wiki User
∙ 13y agoThis country has never been debt free, since Andrew Jackson, so therefore all spending during WW2 was done while having a deficit.
Add your answer:
Earn +20 pts
Did roosevelt use deficit spending during world war 2?
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
Financing the war with borrowed money was a example of?
Deficit Spending
How did government spending during the Civil War compare to that during previous years?
During the Civil War government spending tripled compared to previous years. The United States government was forced to take a loan from France.
War bonds during world war 1?
This isn't a question. War bonds were used in WWI like any war to finance spending.
How did concept of deficit spending help the war effort?
The war debt allowed the nation to continue to fight until the war was won. The war bonds benefited the people who purchase the bonds and earned their interest. It also allowed the government time to pay the debt back.
An example of deficit spending during the war?
i dont know nobody knows and who really cares
Did roosevelt use deficit spending during world war 2?
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
Financing the war with borrowed money was a example of?
Deficit Spending
Which event led to the end of balanced budgets and the onset of deficit spending?
Alexander Hamilton was the first to have a deficit when he borrowed money to fund the Revolutionary War, but a pattern of deficit spending began with President Roosevelt borrowing money because of the Great Depression. It continued during World War 2 and gross public debt escalated in the 1980's.
Is an example of militarism?
An example of militarism is the Arms Race between the United Kingdom and Germany before and during the war. Both countries fought for supremacy as the greater military power by tremendously increasing their war spending.
Why was there growing inflation during the Nixon administration?
The Vietnam War had increased the federal deficit.
How did government spending during the Civil War compare to that during previous years?
During the Civil War government spending tripled compared to previous years. The United States government was forced to take a loan from France.
An important difference between government spending during the Depression and during world war 2 was that?
A
What best describes how the federal goverment financed the war effort?
In average wars; Korean, Vietnam, Afghanistan, Iraq, the USA government financed it with taxes. In Big wars like WWI and WWII; war bonds were sold to help pay for the cost of fighting the war.
War bonds during world war 1?
This isn't a question. War bonds were used in WWI like any war to finance spending.
What was NOT a method of boosting the American economy during World War 2?
In order to answer this question. we needed all the options listed for this question. If you still desire to have your question answered please resubmit it with the options so we can tell you which method was not used to boost the American economy during World War 2. Thank you for using answers com and wikianswers. Which of the following was NOT a method of boosting the American economy during World War II? Revenue Act of 1942. . war bonds. . deficit spending. . wildcat strikes
How did concept of deficit spending help the war effort?
The war debt allowed the nation to continue to fight until the war was won. The war bonds benefited the people who purchase the bonds and earned their interest. It also allowed the government time to pay the debt back.
