Question

what are the salient goals of public expenditure??​

Answer 1

Answer:

The objectives of public expenditure are (a) provision of collective wants in order to optimize society's consumption in a traditional way and to maximize social and economic welfare and (b) control of the depressionary tendency in the market economy.

Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc. Until the 19th century, public expenditure was limited as laissez faire philosophies believed that money left in private hands could bring better returns

❤❤hey mate..hope it helps u...❤❤

❤❤maek me as brainliest dear and follow me...❤❤

❤❤if liked my answer click the thank u icon❤

Answer 2

Answer:

Following are the salient goals of public expenditure :

1. Provision of collective wants in order to optimise society's consumption in a rational way and to maximise social and economic welfare.
2. Control of the depressionary tendency in the market economy.