0
Where does the government get money and what is this money used for?
Wiki User
∙ 12y ago
The government gets money in several ways:
- Taxation, both indirect and direct.
- Borrowing, in the form of selling bonds
- Selling goods and services
- Printing and minting bills and coins.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Did the army sell bonds to raise money during the revolutionary war?
The Government Sold The Bonds To Raise Money ;pp
How do government influence nation development?
government controls the banks, banks control the money government controls trading government controls building projects government controls everything you could think of... if your country was importing and exporting lots of oil, chances are the country will develop, as it's making money. the money can then be used to finance huge industrial projects. however if you lived in kenya, and your country was only exporting tea... the chances are the profits won't be large enough to fund any building projects or farming projects
When the national government appropriates money to the states on the condition that it be spent as dictated by the national government this money is called?
A categorical grant (or grant-in-aid)
What part of government can coin money?
Treasury
What does the giving of foreign aid involve?
A gift of money from one government to another government
What do we use tax for?
Taxes are used when ever the government spends money. Anything that was government-funded used tax money.
Money from the National government that can be used for broad purposes?
A block grant is money from the federal government that is able to be used for broad purposes. Categorical grants are used for narrower purposes.
What isgovernment expenditure?
Government Expenditure is Government Spending. Government expenditure is how money is used to achieve national goals.
What is the term used for all of the money borrowed by the government and the interest on the money that is borrowed?
public debt
What can be used to describe money that is earned by government when it levies taxes?
revenue
Where does the greatest proportion of money used for government spending come from?
from the people
What is the meaning behind the term Fiat money?
Fiat money is the term used to describe money that has it's value determined by the law or government. This means that most currencies are fiat money as most currencies are government issued.
Money pooled from small investors and used to purchase government or corporate bonds?
Money Market Mutual Fund.
Do banks create money?
If you mean to make money, no. The government produces the money that is used. Banks are just institutions that are used by people to deposit money, get loans, and to invest in various areas of business. Alone they do not produce money.
What emergency money was used during the Commonwealth Government of the Philippines?
Japanese yen
How is money from selling bonds used by government?
get off your lazy butt and answer questions
Which term can be used to describe money that is earned by government when it levies taxes?
revenue.
