Public expenditure on on education and health is known as expenditure on

Public expenditure on education and health is known as expenditure on social services. This is because the government spends money on education and health to provide basic services to the society, promote human development and improve the standard of living of its citizens. Social services are aimed at meeting the social welfare needs of the population such as healthcare, education, housing, and social security. These services are essential for the well-being and development of the society, and are not intended to generate revenue or profits for the government.