question archive In what ways do future generations benefit from this generation's deficit spending? Cite 3 examples
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In what ways do future generations benefit from this generation's deficit spending? Cite 3 examples.
Indeed, deficits often occur due to increased spending on public services and goods. Consequently, future generations gain immensely from such deficits in the following ways:
1. Increased investments in public infrastructure, such as ports, hospitals, roads, hospitals, and water, will be beneficial to next generations as they will have more public amenities to seek services from. Certainly, the next generation stands a chance to flourish given such facilitation.
2. Investments in public sectors such as education and health will help in creating skilled labor for the economy. This will go a long way in reducing poverty levels and improving production quotas within the economy.
3. Investments in the environment and water catchment areas will ensure food security for the coming generations.