Question

Public finance and fiscal policy determine a country's
progress. Substantiate.​

Answer 1

Explanation:

Classification of Public Revenue Question 1.

Observe the pictures given above. They are related to certain activities performed by the government. What are they ? Find out other activities of the government.

Answer:

Distribution of drinking water

Distribution of welfare pension

Protection of environment

Protection of the country

Road construction

Health centers

Center for distributing food

Answer 2

Answer:

Fiscal policy is the guiding force that helps the government decide how much money it should spend to support the economic activity, and how much revenue it must earn from the system, to keep the wheels of the economy running smoothly.

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