Principle of Maximum Social Advantage
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The Principle of Maximum Social Advantage is the principle that governs the operation of public finance (financial activities of the government) to maximize the economic welfare of the society as a whole. ... Government should collect money and spend it to maximize the welfare of people.
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The Principle of Maximum Social Advantage is the principle that governs the operation of public finance (financial activities of the government) to maximize the economic welfare of the society as a whole. ... Government should collect money and spend it to maximize the welfare of people.
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