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How did the budget effect individuals? Aim: To find out how the Budget has effected individuals. Method: I went to Croydon Central Library and found newspapers from the day of the Budget. I also used a leaflet containing what the budget was about, including public expenditure and taxes which I found in my local library. From this I worked out how the budget has effected individuals. My Hypothesis My hypothesis is, "the recent Budget has helped the rich more than the poor". For now I will talk about why there is a Budget, where the money for the Budget comes from and where the money goes. What is the Budget? A Budget is a statement by the Government on changes it intends to make to the taxes and Government spending. These main areas are as follows: Social Security NHS Transport Education Defence Debt interest Industry, agriculture and employment Law and order Housing and environment Other expenditure These areas of the Economy need money in order...

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