The federal budget funds are targeted to provide social guarantees for US citizens and maintain sustainable development through economic growth. While the free market creates equal possibilities and competition that encourages companies to operate more efficiently by producing high-quality goods and providing top-class services, the prosperity of business does not always creates the background for the country’s development. Private business tends to invest in the most profitable projects. Therefore the government directs budget investments in the prior industries that are considered to be gainless or low-income by private entrepreneurs. According to Perez et al. “periods with high levels Continue reading...
