Question

explain how does the public sector contribute to the economic development of a nation

Answer 1

It promotes rapid economic development through creation and expansion of infrastructure

creates employment opportunities

generates financial development for resources

contributes to community development

encourages development of small,medium and small scale industries


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Answer 2

it promotes rapid economic development through creation and expansion of infrastructure.it creates employment opportunities.it generates financial resources for development.it is ensuirng equality of income,wealth.it ensures easy availability of goods at moderate rates.