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Budget — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsBudget2 Marks
Question
Explain how resources are re-allocated through a Budget?
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Answer

  • Through budget Government levies high tax on rich people. The income earned from it is used for social ,welfare of poor people then Re-distribution of income is possible. Providing basic service free of cost or at cheaper rate like Education. Health etc. then indirectly Re- A distribution of income is possible. .

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