Explain the objectives of the Government Budget.

1.	Explain the objectives of the Government Budget.
Answer» These below are the main objectives of the Government Budget. Activities to secure reallocation of resources: - The Government has to reallocate resources with social and economic considerations. Redistributive Activities: - The Government redistributes income and wealth to reduce inequalities. Stabilizing Activities: - The Government tries to prevent business fluctuations and maintain economic stability. Management of Public Enterprises: - Government undertakes commercial activities that are of the nature of natural Monopolies, heavy manufacturing etc., through its public enterprises.

Answer»

These below are the main objectives of the Government Budget.

Activities to secure reallocation of resources: - The Government has to reallocate resources with social and economic considerations.

Redistributive Activities: - The Government redistributes income and wealth to reduce inequalities.

Stabilizing Activities: - The Government tries to prevent business fluctuations and maintain economic stability.

Management of Public Enterprises: - Government undertakes commercial activities that are of the nature of natural Monopolies, heavy manufacturing etc., through its public enterprises.

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