Question

46. Identify the sector: • It provides various things needed by the society as a whole which the private sector will not provide at a reasonable price. • The purpose of this sector is not just to earn profits but to social service also. • It creates employment opportunities through creation and expansion of infrastructure • It controls private monopolies.
(a) Public Sector
(b) Tertiary sector
(c) Primary Sector
(d) Private Sector​

Answer 1

Answer:

private sector it's is private became its private

Answer 2

The correct option is- (a) Public Sector.

What is a public sector?

• The public sector is generally owned by the government and its main aim is to provide social service rather than gaining benefits only.
• The goods and services provided by the public sector enterprises are at a lower cost than the private sector. Thus, it controls the monopolies by the private sector.
• Also, the public sector provides various employment opportunities for needy people through the generation and development of infrastructure.
• Thus, the public sector takes care of the interest of society as a whole.