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A state gets its money to spend on services primarily through taxation, which includes income taxes, sales taxes, property taxes, and various fees. Additionally, states receive revenue from federal grants and funding, as well as income from investments and state-owned enterprises. Some states may also generate revenue through lottery systems and other gaming activities. Overall, a combination of these sources allows states to finance public services and programs.
What else can I help you with?
If the government raises everyone's taxes consumers have less money or income to spend on consumer goods and services?
true A+
How do state government raise money for their services and goods?
by taxing property
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
The circular flow of economic activity is characterized by?
How people produce (make money) and consume (spend money).
What role do people play in the economy?
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
Do local governments spend most of their money on schools?
No they spend the most money on Human Health and services.
Who approves money for the government to spend?
Who approves money for the government to spend?Taxing citizens is one of the concurrent powers of government. Of course, people expect state and local governments to provide services such as police protection.
What is the importance of money in our society?
a) Money allows for the exchange of goods and services.
Is the word spend a verb?
Yes,because for example:You spend money.The verb is spend
What regulates the ways state and local governments can raise and spend money?
state constitutions
What do state and local governments spend most of their money on?
On a state level, the highest expediture is welfare (or healthcare) 29.7%. On the local level, the largest expenditure is education (38.8%). The answer would be education. because states spend 17.8% of their funding on education (the second largest number).
How does tourism earn revenue?
When tourists come, they spend money. The buisnesses that they spent money at earn revenue and they spend money witch helps stimulate the local economy. Also, they have to pay taxes on everything, and that generates revenue for the state. When tourists come, they spend money. The buisnesses that they spent money at earn revenue and they spend money witch helps stimulate the local economy. Also, they have to pay taxes on everything, and that generates revenue for the state.
What services are offered by Canadian Tire Financial?
The services that are offered by Canadian Tire Financial are help with your finances and with the way you spent your money the best. It is especially for people who can not spend their money well.
How does the governtment spend the income tax we pay?
For all of the services that are provided by the taxpayers money that is collected from the taxpayers to pay for all of the services that are provided for all individuals that are benefiting from all of the services that are provided by the taxpayers money that is collected.
What is importance of financial services?
Financial services are extremely important when it comes to money management. Not everyone is a great money manager, but financial services employees are trained in the best methods for helping consumers save more and spend less.
How legally do you spend home insurance claim?
This will depend in part on what the claim is for. If it was a reimbursement of previously paid expenses, then you have already "spent" the money. If it is pre-payment for services, you will need to spend the money on the services specified. If it was a claim settlement for damages or lost property, the insurance company doesn't care what you spend it on, whether it is replacement of your valuables or something else entirely.
If the government raises everyone's taxes consumers have less money or income to spend on consumer goods and services?
true A+
