Hello there,
The industrial revolution in the United States led to major changes in all of the following areas except
Answer: Farming
It did a couple things for them.
A) It provided money to pay for their education
B) It guaranteed a years worth of money whilst they look for other employment
Answer:
The government borrows funds by selling Treasury bonds, notes, and bills. When governments run budget surpluses, what is done with the extra funds? The funds can be used to pay down the national debt or else be refunded to the taxpayers. You just studied 52 terms!
Explanation:
Why is a budget surplus not necessarily a good thing? It means tax rates may be too high. Why does the federal debt tend to increase during periods of recession? Economic activity decreases, which decreases revenues and increases outlays.
