Which Event Led to the End of Balanced Budgets for a Healthy

question 63

Multiple Choice

Which event led to the end of balanced budgets for a healthy economy, and the onset of deficit spending?

• A) the War of 1812
• B) the Mexican-American War
• C) the Civil War
• D) World War I
• E) the Great Depression

---

Definitions:

Rational Behavior

implies making decisions based on logical reasoning, aiming for the most efficient outcome considering the available information.

Family Systems Theory

A theoretical perspective that views the family as an emotional unit and uses systems thinking to describe the complex interactions within the unit.

Equilibrium

A state of balance or stability within a system, where competing forces or influences are in equal opposition.

Nonprobability Sample

There is little or no attempt to get a representative cross-section of a population.