how public sector contributes to the economic development of a nation
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As huge sum of amount is needed which private sector can not afford, so public sector is needed there. For example, building bridges, railway etc. (ii) There are several basic activities which government has to support, for example, selling electricity at lower cost, providing driking water at affordable rate etc.
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As huge sum of amount is needed which private sector can not afford, so public sector is needed there.
For example:-
- Building bridges, railway etc.
- There are several basic activities which government has to support, for example, selling electricity at lower cost, providing driking water at affordable rate etc.
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