Question

explain the role of private companies and government in providing public facilities

please answer.it is for 5 marks.plz.I need to write the answer.plz.​

Answer 1

Explanation:

Role of Government in Providing Public Facilities:

But profit maximization is the main goal of a private company. ... For example; the electricity distribution is in the hands of private companies in New Delhi. In such a case, the government has to put in place proper checks and balances to keep the charges under limit.

Answer 2

Answer:

As we know that private companies operate for profit in the market.

In such cases, private companies provide public facilities but at a price that only some people can afford.

Hence, it is the responsibility of the government to provide public facilities.

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