Social Sciences, asked by piyushpandey745, 7 months ago

How do private companies contribute in the development of a nation.

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Answered by raizadaaarti
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Answer:

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Answered by Anonymous
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The big private companies contribute in the development of a nation 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 produces quality products.

5. It contribues to community development by implementing corporate social responsibility policy which include health, education, nutrition, welfare activities etc.

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