Economy, asked by ravitabharti2262, 1 year ago

Discuss the causes and effects of rising public debt on the indian economy

Answers

Answered by lakshmipriyabiju155

Answer:

The most important cause of the increase in public debt is the war of war-preparedness. Nations attach great importance to their territorial integrity and they consider no sacrifice too much to defend their country. Every war, therefore, leaves the country under greater debt.

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