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What is another word for public spending?

Pronunciation: [pˈʌblɪk spˈɛndɪŋ] (IPA)

Public spending refers to the use of government resources to finance public services, infrastructure, and activities that benefit society as a whole. There are many synonyms that can be used to describe public spending, including government expenditure, public investment, state spending, national budget, fiscal commitment, financial allocation, and public finance. Other related terms include public sector financing, public debt, public finance management, public policy, and government fiscal policy. While these terms are often used interchangeably, they all refer to the various ways in which the government uses its resources to promote economic growth, social welfare, and public welfare.
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What are the hypernyms for Public spending?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    fiscal policy, government expenditure, fiscal expenditure.

What are the opposite words for public spending?

When we think of the antonyms or opposites for the term "public spending," the first words that come to mind are "private" or "individual" expenditures. Private spending refers to money spent by individuals or private companies for personal or business purposes, rather than for the benefit of the general public. Another antonym for public spending could be "reduced spending," which would imply a decrease in the amount of money the government allocates for public services and programs. Other possible antonyms could include "personal savings," "austerity measures" or "fiscal responsibility." Ultimately, the opposite of public spending depends on the perspective of the individual and the context in which the term is used.

What are the antonyms for Public spending?

Famous quotes with Public spending

  • Hayek’s blind spot with regard to politics was clear in the early 1980s when the first Thatcher government, in an attempt to reduce inflation and bring the public finances closer to a balanced budget, was raising interest rates and cutting public spending. As he had done during the 1930s, Hayek attacked these policies as not being severe enough. It would be better, he told me in a conversation we had around this time, if Thatcher imposed a more drastic contraction on the economy so that the wage-setting power of the trade unions could be broken. He appeared unfazed by unemployment, which was already higher (more than three million people) than at any time since the 1930s, and would rise much further if his recommendations were accepted.
    John Gray (philosopher)

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