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economics - Coggle Diagram

- - - - long-lasting unemployment
    - - when people move between jobs in the labour market
    - - changes in economic activity over the business cycle
    - - when people are unemployed at particular times of the year when demand for labour is lower than usual.
- - - - the money the government makes is less than what it is spending
    - - more money is going into the government than it is spending
    - - the money coming in and spent roughly equal
    - - social welfare
        
        targeting the neediest groups in society such as the unemployed and pensioners
      - defence
        
        military
      - health
        
        hospitals,doctors, etc
      - education
        
        schools, universities, vocational training
      - transport and communication
        
        roads, shipping, rail services
      - interest and payments to other governments
        
        government paying off money, its borrowed or payments to state government
    - - indirect
        
        income and company tax
      - direct
        
        tobacco and alcohol