An emerging economy is experiencing rapid urbanization and industrialization, leading to increased public expenditure on urban infrastructure, transportation, and public services to support this growth. The government's investment is aimed at facilitating economic development and improving living standards. In this case, the rise in public expenditure is mainly due to: A) A decrease in urbanization and industrialization B) The need to support economic development and urban growth C) A reduction in infrastructure investment D) The privatization of public services
An emerging economy is experiencing rapid urbanization and industrialization, leading to increased public expenditure on urban infrastructure, transportation, and public services to support this growth. The government's investment is aimed at facilitating economic development and improving living standards. In this case, the rise in public expenditure is mainly due to:
A) A decrease in urbanization and industrialization
B) The need to support economic development and urban growth
C) A reduction in infrastructure investment
D) The privatization of public services
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