Question

Public expenditure on health and education is considered to be **'social expenditure'** because it:

• A. Is primarily funded by private donations and charities.
• B. Focuses on direct financial aid to individuals rather than public services.
• C. Is mainly used to fund infrastructure projects and national defense.
• D. Is directed towards improving human capital and overall quality of life.

Answer 1

Answer:

D. Is directed towards improving human capital and overall quality of life.

• Social expenditure focuses on social welfare and human development, directly contributing to the population’s health, knowledge, and long-term productivity.