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- Vocabulary Development: Government Revenue
What is Government Revenue?
Government revenue is the money the government raises from policies such as taxes, to supply goods and services that are not supplied by private companies, such as defense, roads, and bridges.
1. Revenue: Money collected for public use.
2. Taxation: Revenue obtained from taxes.
3. Income: Money received, especially on a regular basis, for work or through investments.
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ANSWERS OF THE EVALUATION QUESTION
1.There is high INFLATION in Nigeria.
2.The INVESTMENT Needed for the business is $400.
3.DANLADI paid 200naira for TOLL to pass through the highway.
4.The ECONOMY of the country is breaking down.
5.Nigeria is blessed with lots of RESOURCES.