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Why was England initially reluctant to establish an empire in the Americas?
National Debt
The total amount of money owed by a country's government to creditors, including domestic and foreign entities.
Government Deficit
Occurs when a government's expenditures exceed its revenues in a given fiscal period, leading to borrowing or using saved reserves.
Government Deficit
The financial situation that occurs when a government's expenditures exceed its revenues during a specific period, leading to borrowing or debt accumulation.
Economic Stimulus
Financial actions taken by a government to encourage economic growth or prevent an economic downturn.
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