English Language · English
What can be inferred about the impact of public debt on government power, according to Hume?
- 1Public debt had little influence on military decisions.
- 2The monarchy's authority was strengthened by the rise of public debt.
- 3Governments became increasingly controlled by the interests of stockholders.✓
- 4Debt made governments more independent from financial markets.
Correct answer
Governments became increasingly controlled by the interests of stockholders.
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