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Damm [24]
3 years ago
13

What was the name given to the government practice of borrowing money to spend more than is collected in taxes

History
2 answers:
Kay [80]3 years ago
6 0
The key word to answer this question would be ''deficit spending''.

-Love, live, and watch anime.

Mamont248 [21]3 years ago
5 0

deficient spending is your answer

Deficient spending is when the government spends more than they earn (through taxes, bonds, etc.). This leads to a term called "national debt"


hope this helps

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From what I know:

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