Revenue is the amount of money that

O the government spends on defense.

o the government collects from taxes or borrowing.

1o the government owes in de U

O the government uses to provide social services.

Question

Social Studies

Isabell

6 July, 06:50

Revenue is the amount of money that

O the government spends on defense.

o the government collects from taxes or borrowing.

1o the government owes in de U

O the government uses to provide social services.

+5

Answers (1)

Know the Answer?

Isaac Ellison · Answer 1

Answer: Revenue is the amount of money that the government collects from taxes or borrowing.

Explanation:

Just like an individual or an organization, the government needs resources (some sort of income) to cover its expenses, to maintain all its systems alive (education, public health) and deliver quality public services.

The government gets money from taxes, borrowing and other various non-tax sources.

The amount government spends on defense is called military expenditure, the amount the government is owes is called public debt and the amount the government uses to provide social services is called social expenditure.

Revenue is the amount of money thatO the government spends on defense.o the government collects from taxes or borrowing.1o the government owes in de UO the government uses to provide social services.

Revenue is the amount of money that

O the government spends on defense.

o the government collects from taxes or borrowing.

1o the government owes in de U

O the government uses to provide social services.