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18 relations: Benefit principle, Economy, Education, Erik Lindahl, Expense, Government, Income, Infrastructure, Investment, John Maynard Keynes, Lindahl tax, Pension, Pigou, Population, Public economics, Revenue, Tax, Welfare.
Benefit principle
The benefit principle is a concept in the theory of taxation from public finance.
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Economy
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.
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Education
Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.
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Erik Lindahl
Erik Lindahl (21 November 1891 – 6 January 1960) was a Swedish economist.
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Expense
In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs.
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Government
A government is the system or group of people governing an organized community, often a state.
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Income
Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.
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Infrastructure
Infrastructure is the fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function.
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Investment
In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.
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John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
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Lindahl tax
A Lindahl tax is a form of taxation conceived by Erik Lindahl in which individuals pay for public goods according to their marginal benefits.
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Pension
A pension is a fund into which a sum of money is added during an employee's employment years, and from which payments are drawn to support the person's retirement from work in the form of periodic payments.
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Pigou
Note: The surname Pigou forms part of the terms Pigou Club and Pigouvian tax, both derived from the name of the English economist Arthur Cecil Pigou. Pigou is an English surname of Hugenot derivation.
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Population
In biology, a population is all the organisms of the same group or species, which live in a particular geographical area, and have the capability of interbreeding.
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Public economics
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity.
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Revenue
In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.
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Tax
A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.
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Welfare
Welfare is a government support for the citizens and residents of society.
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