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Unit 38 P3

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Apologies for the late upload and for all my units I got Distinctions.

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In this task I will be explaining what government spending is and how
government spends it. I will also discuss UK government under Local, National
and European level of spending. Most importantly I will discuss how government
spending can have an influence on a selected business that is McDonalds.

Government Spending or also known as government expenditures include all of
the government’s consumption, investment and payments. Government spends
money on different parts of the economy to benefit the country in whole or to
benefit a community in particular. In Britain the government takes up over 45%
of the GDP that is spent in three main areas.




http://www.google.co.uk/imgres?imgurl=http://bracknellconservatives.org.uk/
wp-content/uploads/2015/03/uk-spending-
2015.png&imgrefurl=http://bracknellconservatives.org.uk/uk-budget-2015-
growth-and-
fairness/&h=340&w=540&tbnid=BVWbWz3F56RFbM:&docid=pjGV6ncSqqHva
M&ei=N744Vr7AJcP9UqvLt9AO&tbm=isch&ved=0CCEQMygCMAJqFQoTCP638K
O19MgCFcO-FAodq-UN6g

The government produces policies that influence the UK economy in order to
gain better living standards for the country.

The government’s main objectives are:
Economic growth, controlling inflation and maintain good employment
levels.

Government spending can have a huge effect on a business; it can be negative or
positive depending on the type of spending.



1

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