Historically, the primary cause of increases in government debt is:
A) printing too much money.
B) cutting taxes.
C) increasing interest rates.
D) financing wars.

Question

Quizplus · Accepted Answer

Financing wars has historically been the primary cause of increases in government debt. Wars require large amounts of funding for weapons, supplies, and soldiers, and governments often resort to borrowing in order to finance these expenses. This borrowing results in increased government debt.

Historically, the Primary Cause of Increases in Government Debt Is