Government spending
- Created by: Lottie
- Created on: 30-04-12 09:45
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WHY DO WE NEED GOV SPENDING?
- Redistribution of Y & wealth: it is the aim of social security- provide basic minimum Y to reduce Y inequalities-safety net for those who face unemployment
- Regulation of economic activities: gov intervines so that there is no economic activites that adverselyy affect public interest e.g…
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