Part 2 Public Finance an der University Of Northern Philippines | Karteikarten & Zusammenfassungen

Lernmaterialien für Part 2 Public Finance an der University of Northern Philippines

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It is the process through which rural poverty could be alleviated by sustained increases in production and incomes of low income people.

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Development

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Two factors that stand out in the development of public finance

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1. Warfare

2. Growing scope of government activities

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A tribute oe strife which was almost the only cause of public expenditure during those times. Here, the exploits of a ruler were expensive that he had to get financial support from his personal treasure.

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Warfare

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The beginning and establishment of the government of which necessitated some form of taxation in order to function has brought about the development of public finance and its changing nature.

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Growing Scope of Government Activities

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These were imposed on non-citizens of the state or on conquered people or provinces.

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lootings and tributes

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These were collected from wealthy citizens of the state.

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donations or gifts

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These were mainly from agriculture and mines.

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revenues from public domain

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Were levied on Egyptian male population and non-Roman citizens engaged in business.

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poll taxes

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Exercised beacause of the  need to allocate public revenues for the several functions of the government. However, there were no distinction between the public and the king's private expenditures because the public budget was merged with the king's pursue.

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Budgeting

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Primarily concerned with the maintenance inspection of financial records to ensure the regularity of accounts and the legality of expenditures.

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Auditing

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The system of economic relationship based upon land tenure, among the king, the lord and the vassals.

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Feudalism

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It is the process to enhance economic, social and political life of the poor in  defined areas.

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Development

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Q:

It is the process through which rural poverty could be alleviated by sustained increases in production and incomes of low income people.

A:

Development

Q:

Two factors that stand out in the development of public finance

A:

1. Warfare

2. Growing scope of government activities

Q:

A tribute oe strife which was almost the only cause of public expenditure during those times. Here, the exploits of a ruler were expensive that he had to get financial support from his personal treasure.

A:

Warfare

Q:

The beginning and establishment of the government of which necessitated some form of taxation in order to function has brought about the development of public finance and its changing nature.

A:

Growing Scope of Government Activities

Q:

These were imposed on non-citizens of the state or on conquered people or provinces.

A:

lootings and tributes

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Q:

These were collected from wealthy citizens of the state.

A:

donations or gifts

Q:

These were mainly from agriculture and mines.

A:

revenues from public domain

Q:

Were levied on Egyptian male population and non-Roman citizens engaged in business.

A:

poll taxes

Q:

Exercised beacause of the  need to allocate public revenues for the several functions of the government. However, there were no distinction between the public and the king's private expenditures because the public budget was merged with the king's pursue.

A:

Budgeting

Q:

Primarily concerned with the maintenance inspection of financial records to ensure the regularity of accounts and the legality of expenditures.

A:

Auditing

Q:

The system of economic relationship based upon land tenure, among the king, the lord and the vassals.

A:

Feudalism

Q:

It is the process to enhance economic, social and political life of the poor in  defined areas.

A:

Development

Part 2 Public Finance

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