Deficit Spending: Definition & History

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question 1 of 3

Which economist promoted deficit spending?

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1. Deficit spending helped the United States out of which major historical event?

2. Historical trends in deficit spending are best represented by which statistic?

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About This Quiz & Worksheet

Deficit spending can be a complex subject, so check your knowledge of the history of deficit spending by completing this worksheet and quiz duo. Some questions in the quiz ask about the implementation of deficit spending during historical events.

Quiz & Worksheet Goals

In the assessment, you will be tested on your knowledge of:

  • Deficit spending designed to help the United States
  • The economist who believed in the importance of deficit spending
  • Possible results of deficit spending

Skills Practiced

Evaluate how effectively you implement these skills during your completion of the quiz/worksheet:

  • Reading comprehension - ensure that you draw the most important information about the history of deficit spending from the related lesson
  • Making connections - use your understanding of historical trends in deficit spending to see which statistic could be used to track deficit spending over time
  • Interpreting information - verify that you can read information about recent deficit spending in the United States and interpret it correctly
  • Information recall - access the knowledge you have gained regarding an economist who encouraged deficit spending to increase economic growth

Additional Learning

Learn more about this intriguing topic by reviewing the accompanying lesson entitled Deficit Spending: Definition & History. Objectives found within the lesson are:

  • Define deficit spending
  • Learn about the gold standard in the United States
  • Identify the organizations and/or countries that lend money for deficit spending in the United States
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