What Was the Approximate National Debt When the Liberal Government

question 3

Multiple Choice

What was the approximate national debt when the Liberal government under Jean Chrétien came to power in 1993?

• A)$900 million
• B)$700 billion
• C)$500 billion
• D)$200 billion

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Definitions:

United States

A country consisting of 50 states, primarily located in North America, known for its diverse population and significant global influence.

Dependency Theorists

Scholars who argue that underdevelopment in certain countries is the result of exploitative relationships with developed nations.

Economic Backwardness

Economic backwardness describes a state of limited economic development characterized by low levels of industrialization, poor infrastructure, and a reliance on agriculture and other traditional sectors.

Work Ethic

A set of values that prioritize hard work, diligence, and responsibility as essential to achieving success and productivity.