Question

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

Answer 1

Answer:

The private sector is the engine of economic growth : creating jobs, increasing trade , providing goods and services to the poor and generating tax revenue to fund basic public service such as health and education.

hope it help you.

Answer 2

Answer:

1.) It provides various services and facilities to the people like construction of bridges,dams, roads, etc where heavy spending is required.

2.) By providing such services the government can ensure that small-scale industries and factories can continue to run, increasing the amount of goods produced and contributing to the GDP.

3.) By providing basic services such as health, education, food security, etc.

Explanation: