Answer:
Step-by-step explanation:
Several things happened.
- The first and most important was the government created deficit spending. That's an import term to know -- especially now. It means that it spent more than it took in.
- That spending created a larger debt than had seen before.
- That spending created a trend that has been broken only once in the last century (Clinton's Administration).
- The Federal Government became an employer. It paid for projects with deficit spending. (The government did worthwhile things with the Money it spent.
- It created corporations, at least one of which it still owns TVA: Tennessee Valley Authority which provides electricity to Tennessee and some surrounding states.)