jamesg14468 jamesg14468
  • 22-05-2020
  • Social Studies
contestada

States can borrow money for .

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JesseBrown01
JesseBrown01 JesseBrown01
  • 22-05-2020

Answer:

Different reasons

Explanation:

States and localities borrow to pay for infrastructure, rather than use annual tax collections and other revenues, for sound reasons. Public buildings, roads, and bridges are used for decades but entail large upfront costs; borrowing enables the state to spread out those costs

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xxray
xxray xxray
  • 22-05-2020
Could be for military and secure the country, for social services like busses. For example in the UK it can be borrowed to keep the NHS free for the people.
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