OK, fair enough re: colleges. Not sure what institutions you’re referring to. Government spending as % of GDP is a rough indicator of their general presence in the economy (either through which institutions they’re running directly, or which institutions they’re regulating).
Hi, read my comment again, I specifically mentioned university in my example. Other public institutions would be schools, libraries, recreation centres, etc. The US government spends a lot on armament and military tech, maybe if you can look at a graph where the spendings are separated you’ll get a clearer picture
OK, fair enough re: colleges. Not sure what institutions you’re referring to. Government spending as % of GDP is a rough indicator of their general presence in the economy (either through which institutions they’re running directly, or which institutions they’re regulating).
Hi, read my comment again, I specifically mentioned university in my example. Other public institutions would be schools, libraries, recreation centres, etc. The US government spends a lot on armament and military tech, maybe if you can look at a graph where the spendings are separated you’ll get a clearer picture