Question

Governments collect money through which of the following?

Answer 1

The government collects money through the following ways;

The government wil try to raise the taxation rates on imported goods to get get money for its debts settlement.

The government will also seek to borrow money from the world bank for its domestic and economic development.The money borrowed should be put into investments to earn income.

Answer 2

Governments collect money through income, sales and other taxes.

Explanation:

• The government of a country collects its revenue from sales and by imposing taxes. Such As taxes on imports, goods and services, and taxes on incomes.

• It also collects the revenue from the fees and those collected for maintaining the roads. Other sources include corporate taxes, wealth tax, state tax, etc.  

• Nontax revenues include forms such as interest recipes, dividends, and profits, economic services like the railways, oil and gas station. Recoveries of loans and advances. Borrowing, state securities, and external debt.

Learn more about the governments collect money through which of the following.

• brainly.in/question/6333083 answered by  Nyaberiduke.