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What event significantly impacted the rise in public expenditure post-World War II?
  • a)
    Economic recession
  • b)
    Decrease in military spending
  • c)
    Rise in prices
  • d)
    Increased urbanization
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What event significantly impacted the rise in public expenditure post-...
Post-World War II, there was a consistent rise in price levels, which significantly impacted public expenditure. The government needed to spend more to acquire goods and services and to adjust salaries for government employees in response to inflation, leading to increased overall spending.
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