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Local financial reserves were exhausted

An increase in sales taxes An elimination of unemployment relief programs

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Q: What was the result of Hoover's plan to get local governments to increase public works spending?
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What did Hoovers public work programs do for the US?

enployment


Why is Dyson a secondary sector?

Dyson is a secondary sector because it manufactures its own patented hoovers and is not involved in the tertiary industry but because it sells hoovers to shops such as 'Comet' it does not sell any hoovers to the public but sells to major suppliers globally.


Construction workers frequently sponsor political lobbying in support of greater public spending on highways and public buildings One reason they do this is to?

increase the elasticity of demand for construction workers


What does the budget of the US government represent?

An agreement among various politicians about public spending.


What bill give approval for spending public money?

the bill of spproval for spending public money :)


For which expense do state governments provide financial help to their local governments?

Education and public schools


In what case does state governments provide financial help to their local governments?

Education and public schools


Who oversees the spending of public funds?

attorney general


Why did governments back public education?

Not all schools are owned by the government. But they are part of the public services provided by governments to ensure the populace gain a basic education.


Why do we need to understand the theories of public borrowings and spending?

Understanding public borrowings and spending is essential for several reasons: Economic Stability: Public borrowing and spending can have a significant impact on the stability of the economy. When the government borrows money from the public or foreign entities, it affects interest rates, inflation, and overall economic growth. Understanding these dynamics is crucial for maintaining a stable and sustainable economic environment. Fiscal Policy: Public borrowings and spending are key components of the government's fiscal policy, which involves decisions related to taxation, government expenditure, and debt management. By understanding these policies, economists and policymakers can assess their potential effects on economic growth, employment, and income distribution. Resource Allocation: Public borrowings and spending influence the allocation of resources within an economy. Funds borrowed by the government can be used for public infrastructure development, education, healthcare, and various social programs. Understanding how these funds are allocated helps determine their effectiveness in addressing societal needs and achieving economic objectives. Debt Sustainability: Governments often rely on borrowing to finance their expenditures when tax revenues are insufficient. However, excessive borrowing can lead to a high level of public debt, making repayment challenging. Understanding public borrowing helps assess the sustainability of a country's debt levels and the potential risks associated with it. Budgetary Planning: Understanding public borrowings and spending is crucial for effective budgetary planning. Governments need to balance their spending priorities with the available resources and borrowing capacity. By understanding the implications of borrowing on the nation's finances, policymakers can make informed decisions on spending and allocate resources efficiently. Transparency and Accountability: Knowledge of public borrowings and spending enables the public to hold the government accountable for its financial decisions. Understanding these concepts allows citizens to participate in informed discussions and debates regarding fiscal policies, public debt, and the allocation of resources. Overall, understanding public borrowings and spending is essential for policymakers, economists, citizens, and stakeholders to make informed decisions, promote economic stability, and ensure responsible fiscal management.


What is the main role of most local governments in the US?

The main role of most local governments in the US is to the public. Local governments manage things such as school districts, public transportation, libraries and sewer/water systems.


Who evaluate the governments agenda?

a public interest group