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Explain why industrial policies are controversial.
Federal Budget Deficit
The shortfall that occurs when the United States federal government's expenditures exceed its revenues within a fiscal year.
National Debt
The total amount of money that a country's government has borrowed by issuing securities like government bonds.
Unemployed
Individuals who are capable of working and are actively seeking employment but are unable to find a job.
Qualify for Benefits
Refers to meeting the eligibility requirements necessary to receive certain advantages or compensations, such as social security or unemployment insurance.
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