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Improving the country's infrastructure is one of the economic aims of the Irish Government - Leaving Cert Economics - Question 4 - 2009
Question 4
Improving the country's infrastructure is one of the economic aims of the Irish Government. State two other economic aims of the Government. (i) (ii)
Worked Solution & Example Answer:Improving the country's infrastructure is one of the economic aims of the Irish Government - Leaving Cert Economics - Question 4 - 2009
Step 1
(i) State two other economic aims of the Government.
Answer
- Achieve full employment / reduce job losses.
This aim focuses on ensuring that as many people as possible are employed, reducing unemployment rates and promoting economic stability. By facilitating job creation, the government can enhance the quality of life for its citizens.
- Control government expenditure / improve government finances.
This involves managing public spending effectively to ensure that resources are used efficiently. By maintaining a balanced budget and reducing waste, the government can create a more sustainable economic environment.
Step 2
(ii) State two other economic aims of the Government.
Answer
- Achieve an equitable taxation system.
This means designing a tax system where the tax burden is distributed fairly among citizens, ensuring that all contribute according to their ability to pay, which can promote social justice.
- Promote balanced regional development.
This aim seeks to reduce disparities in economic opportunities and growth across different regions of the country, ensuring that all areas benefit from economic policies and investments.