1. in what ways do you think the debt of your country influences the life of ordinary citizens? 2. discuss with reference to a named government the strategies used to manage the country?s debt 3. briefly evaluate whether the policies were successful
Welcome to the solution site, which is interested in answering educational questions, as it provides an answer to your questions in all areas
The solution site is concerned with questions, answers and solutions for all study materials for all levels
Through the word “Ask a Question” at the top of the site, you can ask any topic or any question or inquiry you want answered by users specialized
to solving questions and educational and academic activities that you ask
Now let’s answer your question
1. in what ways do you think the debt of your country influences the life of ordinary citizens? 2. discuss with reference to a named government the strategies used to manage the country?s debt 3. briefly evaluate whether the policies were successful
answer :Whether in the private sector or government, a debt crisis in one country can and frequently does spread economic pain to other countries. This can happen through a tightening of financial conditions such as a spike in interest rates, a slowdown in trade and economic growth, or merely a steep decline in confidence.