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What did the Great Depression and World War II do to the public's expectations regarding employment?
National Debt
The total amount of money that a country's government has borrowed, through various means.
Federal Outlays
The total spending by the federal government, including on defense, education, health services, and social security.
Fiscal Stimulus Package
Government measures, usually involving increased public spending and tax cuts, aimed at boosting economic activity during a downturn.
Federal Government
A system of government in which powers and responsibilities are divided between a national government and state or provincial governments.
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