Before World War II,the United States did not use deficit financing and paid for all goods and services with cash.

Name: Before World War II,the United States did not use deficit financing and paid for all goods and services with cash.
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The United States did use deficit financing prior to World War II, particularly during the Great Depression. The government would borrow money through the sale of bonds to cover expenses.

Before World War II,the United States Did Not Use Deficit