Factors that lead to accumulation of  national debt?

What are the

Countries incur debts because

• Inadequate tax revenue. Poor countries incur debts because of inadequate collections of revenues from taxes to finance government programs.
• To reduce the burden of taxation. Borrowing is often resorted to as a means of reducing the tax burden from the people.
• To overcome natural calamities. Debts are incurred to meet unexpected occurrence such as floods, draught.
• Raising revenue. The government incurs national debt so as to raise adequate revenue required to for development purposes.
• Financing ambitious plans. Government tends to draw ambitious plans that are often financed through borrowing.
• To attain economic growth. Effective exploitation of domestic resource potential is often financed through borrowing
• National debts are incurred to fill manpower, foreign exchange gaps and saving gaps.
• To balance the budget. Debts are incurred to help cover unforeseen or unpredictable budgeting deficits.
• Curbing an economic depression. Debts are quite significant for raising production, aggregate demand, employment and the level of economic activity.
• Debt servicing. Nations incur fresh debts in order to repay the old ones
• Political instability. Countries borrow to settle political instabilities.
• Decreased tax revenue caused by widespread unemployment