Social Sciences, asked by harikrishnahk4312422, 11 months ago

what are the goals of public expenditure ​

Answers

Answered by hotelcalifornia
6

Goals of public expenditure:

  • Provide social goods
  • Remove unemployment
  • Increase Production
  • Exploitation and Development of Mineral Resources
  • Promote Price Stability
  • Promote Balanced Growth

Explanation:

  • Public expenditure is made by the government for the collective needs of the people in the form of pension, infrastructure or provision.
  • Government has to raise revenue from various sources for public expenditure.
  • Taxation is an ideal example in this regard as someone one will pay whereas the other group will benefit from the same.
  • Social goods is of consequence to the economics of the public sector.
  • The government can change the demand by making public expenditure.
  • Public expenditure contributes to growth in production.

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Answered by brandedkamini65
96

Answer:

  • promote faster economic development.
  • promote industry , trade and commerce.
  • promote agricultural and rural development.
  • promote balanced regional growth.
  • promote full - employment and.
  • maximize social welfare.
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