CBSE BOARD X, asked by khushiagr, 1 year ago

What does bloated war expenditures means?

Answers

Answered by phillipinestest
7

Government takes decision to reduce expenditures during war to meet peacetime income, this situation is referred as bloated war expenditures.  

Explanation:

War brings economic boom. Demand tends to increase, employment raises, and production increases. After war demand will be reduced, demand will be fallen down and unemployment ratio raise.

When government takes decision to reduce war expenditures to meet peacetime income level called bloated war expenditures. In the year of 1921 one of five British workers lost his job post war. Job uncertainty, anxiety, depression was the result of post war scenario.  

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