The New Deal was mostly financed by deficit spending and increase in national debt.

Name: The New Deal was mostly financed by deficit spending and increase in national debt.
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The New Deal, implemented by Franklin D. Roosevelt in response to the Great Depression, was largely financed through deficit spending, leading to an increase in the national debt as the government borrowed money to fund its various programs and initiatives.

The New Deal Was Mostly Financed by Deficit Spending and Increase