what is one reason the economy declined in the 1980s?\nthe national debt tripled as spending increased.\nthe…
what is one reason the economy declined in the 1980s?\nthe national debt tripled as spending increased.\nthe number of skilled jobs decreased due to reduced demand.\nthe reduction in international trade meant fewer tariffs.\nthe lack of jobs meant more social programs were needed.
Answer
Brief Explanations:
In the 1980s, increased government spending led to a tripling of the national debt, which was a factor in the economic decline. Higher debt can lead to higher interest - payments, crowding out private investment, and other negative economic impacts. The other options do not directly address the main economic decline reasons of that era.
Answer:
The national debt tripled as spending increased.