Question

A ________ is a sum of money that people pay to the government for the services the government provides.

Answer 1

Answer:

tax or revenue.... .......

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Answer 2

Answer:

The correct answer is Tax

Explanation:

A Tax is a sum of money that people pay to the government for the services the government provides.

• A tax is a necessary fee or financial charge imposed by a government on an individual or an organization to raise funds for public works projects that provide the greatest services and infrastructure.
• Tax is a mandatory contribution to the government levied by the government on its citizens.
• We are paid to spend it, we get discounts to shop, and we get a subsidy from someone/something who wants to help us financially by keeping products cheap...
• Every individual engaged in any business or profession whose total sales, turnover, or gross receipts exceeded or are expected to exceed five lakh rupees in the previous year.

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