public works

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public works

any expenditure by government on social INFRASTRUCTURE such as roads, houses, hospitals, sewers, etc. Such expenditure was strongly advocated by KEYNES during the DEPRESSION of the 1930s to alleviate the problem of UNEMPLOYMENT and to stimulate AGGREGATE DEMAND via the MULTIPLIER. See KEYNESIAN ECONOMICS, MACROECONOMIC POLICY, GOVERNMENT EXPENDITURE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Despite marketing challenges, the focus on internal improvements had boosted operational efficiency, created departments leading to revenue growth and helped the company maintain its leading position among regional shipyards in 2014, it said.
internal improvement." (132) The fact that the officials would be
In all, federal internal improvement expenditures, about $1 million per year on average before the Civil War, were inconsiderable by modern standards and compared to private, corporate inputs.
The court struck the minutes of the Trustees of the Internal Improvement Fund, which was placed in the appendix to the brief, because the minutes were not presented to the trial court.
Lovell, which has its Midlands regional of- >ces at Woodgate Valley, will be carrying out internal improvement work to identi>ed properties over the length of the contract.
Monroe allowed that his journey through the western interior had brought many issues to his attention, chief among those "relating to manufactures and internal improvement." Monroe professed himself to be "decidedly friendly" to both, "believing ...
To be sure, the Cumberland Road, like many internal improvement projects of the Jacksonian era, covered a large enough span of territory that it could be seen as a national interest properly within the jurisdiction of the federal government.
Consequently, when the substantial benefits of Class I improvement are first introduced (productivity gains up to 30 percent or more), the response is often swift and skeptical--particularly from operations managers, internal improvement teams and IT specialists.
In the first few decades of the nineteenth century, pages and pages of the Annals of Congress and Register of Debates were filled with repeated debates over the constitutionality of federally-sponsored internal improvement projects intended to facilitate commerce through improved transportation.
The self-assessment can be used as an internal improvement effort or as the basis for a Malcolm Baldrige National Quality Award application.
A narrow definition of the supply chain boundaries is useful if it gets you started on finding internal improvement areas.