Is the National Debt a Burden to Future Generations

question 214

Multiple Choice

Is the national debt a burden to future generations?

• A)No, as long as foreigners own a significant share of the national debt.
• B)No, as long as the national debt is owned purely by U.S.citizens.
• C)Yes, debt is always a burden to future generations.
• D)Yes, unless foreigners increase their share of the national debt.

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Definitions:

Colonies' Economy

The economic systems and practices of European colonies, often characterized by agriculture, trade, and the exploitation of indigenous peoples and resources.

Treaty of Paris 1783

The agreement that ended the Revolutionary War, recognizing American independence from Britain and establishing the borders of the new nation.

Loyalists

Individuals, especially during the American Revolutionary War, who remained loyal to the British Crown and opposed the independence movement.

Western Hemisphere

The half of Earth that lies west of the Prime Meridian and east of the Antimeridian, including the Americas.