Fascism first emerged ?
Correct answer: B. in Italy under the leadership of Benito Mussolini
- A. in Germany under the leadership of Adolf Hitler
- B. in Italy under the leadership of Benito Mussolini
- C. in Argentina under Juan Peron
- D. In South Africa under apartheid
Explanation
Fascism first developed as an organised political movement in post-World War I Italy under Benito Mussolini. Hitler later adopted and developed a German form of fascism, so Germany is not the earliest origin.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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