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“There are several facilities needed by the society as a whole.” Explain the role of public sector in the light of above statement.
Answers
public sector provides many essential things at quite a reasonable cost which the private sector cannot.The public sector has the benefit of the people above everything because its purpose is not to earn profits but to benefit the people at all costs.The public sector can set up heavy industries, which require a lot of money.The public sector is mainly held by the government, which so often bears some of the cost for the benefit of the public,especially for poor people.The public sector ,mainly held and controlled by the government provides health and educational facilities....
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