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kirza4 [7]
3 years ago
13

Why do governments acquire debt?

History
1 answer:
kati45 [8]3 years ago
5 0

Answer:

From a public policy standpoint, the issuance of debt is typically accepted by the public, so long as the proceeds are used to stimulate the growth of the economy in a manner that will lead to the country's long-term prosperity

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<span>Confucianism, Buddhism 
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Since Shinto is Japanese and Hinduism is Indian... those two are completely out of the question. 
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</span>Daoism<span> isn't really a government influence... it embraces the philosophy of yin and yang. Good and Bad, without one the other cannot exist. Natural influences of a good and bad government doesn't really make a good governing philosophy. Confucianism was really based on good and virtuous, people live life in harmony and proprietary. He's missing the rules and laws of the Legalist system of government. Where it assumes all people are bad and without laws and rules everything would be in chaos. The First Emperor established the Legalist system in China, he was said to have buried alive hundreds of Confucian scholars and burned Confucian books... His reign was short lived, only 14 years. The next dynasty... the Han, governed with a combination of Legalist and Confucian type of government, lasted 426 years. This pretty much continued till the Tang dynasty when Buddhism a larger influence in society.</span><span />
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