Answer:
Deficit Spending
Explanation:
Deficit spending is the amount by which spending exceeds revenue over a particular period of time. Which is also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending is a central point of controversy in economics.
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the Emancipation Proclamation officially took effect, the ideals of the Proclamation had been carefully contemplated by President Lincoln many months before.
