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2 cards from this section. Quick, good the night before a test.
Define 'developmental expenditure'.
Think about investments in infrastructure and human capital.
What is a typical example of non-developmental expenditure?
Consider costs that support government functions.
What is developmental expenditure?
Consider its effects on society over time.
True or False: Non-developmental expenditures promote economic development directly.
Identify the role of these expenditures.
Evaluate the consequences of a government leaning heavily towards non-developmental expenditure on a country's economy over five years.
Consider both short-term and long-term effects on economic activity.
Propose a balanced budget strategy that prioritizes both developmental and non-developmental expenditures, detailing funding sources.
Think about the long-term benefits of each category.
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