Podcast
Questions and Answers
Which of the following is a benefit of public expenditure in poor countries?
Which of the following is a benefit of public expenditure in poor countries?
What is the importance of government investment in key industries, agriculture, and consumable goods?
What is the importance of government investment in key industries, agriculture, and consumable goods?
What is the consequence of unbalanced regional growth?
What is the consequence of unbalanced regional growth?
Study Notes
- Government support is necessary for economic development in poor countries
- Public expenditure is a tool of fiscal policy
- Public expenditure can create employment opportunities and prevent cyclical fluctuations
- Public expenditure can be used to redistribute income and wealth
- Subsidies, free education, and healthcare can improve the economic position of poor people
- Public expenditure can correct regional disparities
- All-round development is necessary to maintain integration and unity
- Unbalanced regional growth encourages disintegrating forces
- Public expenditure is an antidote for reactionary elements
- Key industries, agriculture, and consumable goods are important areas for government investment.
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Description
Test your knowledge on the role of government in economic development with this quiz! From the importance of public expenditure in fiscal policy to the ways subsidies and investments can improve the economic position of poor people, this quiz covers a variety of topics related to government support in developing countries. Sharpen your understanding of regional disparities, all-round development, and key industries as you explore the ways public expenditure can be used to stimulate economic growth and prevent disintegrating forces. Put your economic knowledge to the test with this informative
