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Earn +20 ptsQ: What is public and national debt?
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Continue Learning about U.S. History
What did Robert Morris propose to help pay national debt?
so they can be out of debt, and so they can buy land
England was in great debt because of?
England incurred a lot of debt due to national expansion and involvement in wars.
Over the past fifty years the national debt has?
Risen Steadily
When did the US first incur the national debt?
The first incur of the national debt was predominantly when the US first began as a country, the expense of the American revolution was somewhat around 75.4 million dollars. Over time, due to expansion and purchase by the nation this caused more debt to accumulate and fluctuate.
Is the US national debt a cause for concern?
In my opinion I think the United States National Debt is a major concern to our country. Not only are we rising the price higher but we are also causing more trouble to our own country we love and care about.
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