Does the economy depend on spending?

Yes, the economy does depend on spending. Government spending is a crucial component of GDP and plays a significant role in influencing economic growth. It provides public services, supports economically disadvantaged individuals, and influences aggregate demand. Government spending can either stimulate the economy or, in some cases, "crowd out" private sector investment. However, when managed rationally, government spending can stabilize the economy and counteract the excesses and deficiencies of private sector consumption and investment