Why is government in debt? Where does it borrow money from?
Answers
Answered by
1
the government is in depth because of following reasons
1 many peoples in the country have huge properties and they do not pay Income Tax so the government is not getting proper return of it
2 income of government is less than what government spends on the country
the government borrows the loan from the World bank or the banks of other countries
pls pls mark it as brainliest
1 many peoples in the country have huge properties and they do not pay Income Tax so the government is not getting proper return of it
2 income of government is less than what government spends on the country
the government borrows the loan from the World bank or the banks of other countries
pls pls mark it as brainliest
Similar questions