True.
When a government's spending is greater than it's revenues (income) then you accumulate a debt. This is also known as a budget deficit, as deficit means the amount by which a sum of money is too small.
It is the country of "Italy" that is noted for beginning the Renaissance movement, specifically in the city of Florence, since this is where many wealthy merchants lived to financed many artistic artist projects.
<span>go to https://en.wikipedia.org/wiki/Yuan_Shikai
and it will tell you everything about him
</span>
