Economics Part B

Government Expenditure

What is Government Expenditure and its Elements

What is Government Expenditure pertains to how much the government spending is.

Government expenditure is defined as the amount of money that the government spends in order to provide its services.

The Main Elements of Government Expenditure are the following:

1.) Defense

2.) Education

3.) Health

4.) Welfare

5.) Allowances

6.) Repayment of Loans.

Government Expenditure588Government Expenditure