Economy, asked by gregoryjoseph387, 9 months ago

government expenditure incurred on defence items is a type of_ expenditure in the government budget​

Answers

Answered by gratefuljarette
1

The government expenditure incurred on defense items is a type of public expenditure in the government budget.

Explanation:

  • Public expenditure consists of all the expenditures undertaken by the central government and state governments, the local authority for maintaining the roads, bridges, trade, defense activities, canals and more.
  • The government expenditure is made on the purchases of goods and services of individuals, in the armed forces, and on purchase of goods, medicine, food grains, schools, hospitals, and more.

To know more about government expenditure

Impact of government expenditure on environment

https://brainly.in/question/2440591

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