The given line graph compares the government spending on three sectors, namely –
education, health and medical sectors from 2001 to the present, and gives projections till
2051.
It can be seen that in 2001, spending on education was the highest, with about 15% being
spent on this sector. This expenditure has fallen slightly till the present time and is expected
to fall further to 14% by 2021, after which it is projected to remain stable till 2051.
Approximately 11% was spent on medical care from 2001 to 2011, after which there has been
an increase in the health budget, which is projected to continue till 2021. However, there are
projections of a sharp downfall in the spending on medical care to about 4% by 2051.
The least proportion of spending was on pensions in 2001, which has remained stable till
now and is expected to be stable till 2021. The expenditure on pensions is estimated to grow
rapidly and become nearly 18% by 2051.
Overall, spending on education is forecast to remain stable, but that on health and pensions
will show opposing trends in the future, with the former declining and the latter escalating.
The
given
line graph compares the
government
spending
on three sectors,
namely
–
education, health and medical sectors from 2001 to the present, and gives projections till
2051.
It can be
seen
that in 2001,
spending
on education was the highest, with about 15% being
spent
on this sector. This expenditure has fallen
slightly
till the present time and is
expected
to
fall
further
to 14% by 2021, after which it
is projected
to remain
stable
till 2051.
Approximately 11%
was spent
on medical care from 2001 to 2011, after which there has been
an
increase in the health budget, which
is projected
to continue till 2021.
However
, there are
projections
of a sharp downfall in the
spending
on medical care to about 4% by 2051.
The least proportion of
spending
was on pensions in 2001, which has remained
stable
till
now
and is
expected
to be
stable
till 2021. The expenditure on pensions
is estimated
to
grow
rapidly
and become
nearly
18% by 2051.
Overall
,
spending
on education is forecast to remain
stable
,
but
that on health and pensions
will
show
opposing trends in the future, with the former declining and the latter escalating.