The Largest Category of State and Local Government Expenditures Is

question 43

Multiple Choice

The largest category of state and local government expenditures is

• A) public welfare.
• B) highways.
• C) education.
• D) interest on their debt.
• E) social security.

---

Definitions:

Barriers To Entry

Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.

Socially Complex

Refers to characteristics or activities that involve intricate social structures and interactions, often challenging to replicate or understand fully.

Unique History

The distinctive and singular past or background of an individual, organization, place, or object that sets it apart from others.

Entry Barriers

Obstacles that make it difficult for new competitors to enter a market.