Question

explain how public sector contributes to the economic development of a nation

Answer 1

it contributes in the following ways

1. It promotes rapid economic development through creation and expansion of infrastructure.

2. It creates employment opportunities.

3. It generates financial resources for development.

4. It is ensuring equality of income, wealth and thus, a balanced regional development.

5. It encourages development of small, medium and cottage industries .as ancillaries.

hope it will help you my friend

Answer 2

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