Flashcard Definition
Austerity refers to measures taken by a government aimed at reducing the government deficit, such as tax increases.
Block Type
Flashcard
The term ‘austerity’ has become all too familiar in the United Kingdom in the previous decade or so. BBC News present a useful article exploring what austerity means, why it is undertaken, and the potential impacts it has.
What is austerity and where could 'eye-watering' cuts fall now?
BBC correspondents look at the areas where any cuts could fall.
www.bbc.co.uk