Question

write down the need of government expenditure on education​

Answer 1

Answer:

Education is recognized as a critical input for the holistic development of the economy. Further, the elementary education plays a very leading role in acquiring larger positive externalities to the society. The provision of elementary education is one of the central responsibilities of the government.

Explanation:

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Answer 2

Answer:

Education is recognized as a critical input for the holistic development of the economy. Further, the elementary education plays a very leading role in acquiring larger positive externalities to the society. The provision of elementary education is one of the central responsibilities of the government. Many economic theories also suggest substantial role for the government in providing of basic education.