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What is meant by unproductive public debt? - Economics

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What is meant by unproductive public debt?

What is meant by unproductive debt?

Explain the following:

Unproductive debt

एका वाक्यात उत्तर

उत्तर

 A debt is called unproductive if the loan is financed for war and other relief operations in case of emergency. Unproductive public loans are a net burden on the community. The government will have to resort to additional taxation for their servicing and repayment.

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Concept for Public Debt
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 12: Public Debt - Exercise [पृष्ठ १९०]

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