Question

Dalton's classification of public expenditure involves?

productive expenditure

plan expenditure

administrative expenditure

grants and purchase price
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Answer 1

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Dalton classifies public expenditure into two categories – grants and purchase price. When the state incurs expenditure and does not get any commodity or service in return, the expenditure is classified as a grant. For example, expenditure on poor relief, payments of old age social insurance etc. are grants.❤

Answer 2

Dalton classifies public expenditure into two categories – grants and purchase price. When the state incurs expenditure and does not get any commodity or service in return, the expenditure is classified as a grant. For example, expenditure on poor relief, payments of old age social insurance etc. are grants.