Question

Examine the role of public expenditure in economic development.

Answer 1

Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. a) Economic overheads like the roads and railways, irrigation and power projects are essential for speeding-up economic development.

Answer 2

Answer:

Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

a) Economic overheads like the roads and railways, irrigation and power projects are essential for speeding-up economic development.