Question

Explain how public sector contribute to the economic development of a Nation​

Answer 1

: the country' earning become strong.
: it will make country a developed nation.
public contribution in government sectors would help in progress of country'wealth.

Answer 2

Explanation:

Public sector contributes to economic development in various ways:  

1. This sector creates more and more employment opportunity.  

2. It ensures easy availability of products and services at moderate rates.  

3. It contributes to the development of the community also.  

4. Development of financial resources is also generated by this sector.  

5. It encourages the growth of small industries, medium industries and cottage industries which contribute to the growth of a nation.

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Explain with suitable examples how public sector contributes to the economic development of the nation.

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