Arj david 2B1

1. Government spending patterns in developing countries have changed dramatically over the last several decades. Thus, it is important to monitor trends in the levels and composition of government expenditures, and to assess the causes of change over time. It is even more important to analyze the relative contribution of various expenditures to production growth and poverty reduction, as this will provide important information for more efficient targeting of these limited and often declining financial resources in the future. Total expenditure is broken down into various sectors following the International Monetary Funds Government Finance Statistics (GFS) Yearbook sectors. This study concentrates on six sectors, namely agriculture, defense, education, health, social security, and transportation and communication. 2. This subset of the general government accounts dataset focuses on the government expenditure by function. Government expenditure by function are presented in terms of function and sector. The economic flows of expenditure are aggregated according to the Classification of the Functions of Government (COFOG). Data are expressed in millions of national currency at current prices. 3. Progress in an economy, or the qualitative measure of this. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industrybased economy, and general improvement in living standards. 4. Explain the ff. expenditure: Natural resources and agriculture There are many positive environmental benefits of agriculture. Among these are aesthetic value, recreation and amenity; water accumulation and supply; nutrient recycling and fixation; soil formation; wildlife protection; storm protection and flood control; and carbon sequestration by trees and soils. Other positive social benefits include the provision of jobs and the contribution to the local economy and rural communities. Agricultural environmental services are worth 0.9 billion annually, according to recent research. 5. It is supposed to be to provide security for the country or state and to promote the well being of the citizens. Major government spending can be classified as national defense, education, social welfare, interest on the national debt and pensions. government intervention is often based on the desire to achieve social goals, such as income redistribution. The government intervenes in the economy in four ways. First, it produces goods and services, such as infrastructure, education, and national defense.