Prior to World War II, the purpose of the federal budget was to

Question

Quizplus · Accepted Answer

Prior to World War II, the primary purpose of the federal budget was to finance the business of government, including defense spending, public works projects, and social programs such as Social Security. While some measures were taken to stabilize the economy during the Great Depression, the idea of using the budget as a tool for macroeconomic management did not become prominent until after World War II.

Prior to World War II, the Purpose of the Federal