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Which objectives government attempts to obtain by Budget
To Promote Economic Development
Balanced Regional Development
Redistribution of Income and Wealth
All the above
The objectives a government attempts to achieve through the budget typically include:
- To Promote Economic Development: Efficient allocation of resources can create jobs, increase productivity, and boost overall economic growth.
- Balanced Regional Development: Resources are allocated to less developed regions to reduce disparities and promote uniform growth across all areas.
- Redistribution of Income and Wealth: Through taxes and public spending, the government can reduce income inequalities, ensuring a more equitable distribution of wealth and resources.
- All the above: Governments simultaneously aim for all these objectives through their budgetary policies for holistic development.
By: santosh ProfileResourcesReport error
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