how public sector contributes to the economic development of a nation?
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In the following ways Public Sector contributes to the economic development of a nation. i It promotes rapid economic development through creation and expression of infrastructure. ii It creates employment opportunities. ... v It encourages the development of small medium and cottage industries.
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- how public sector contributes to the economic development of a nation?
Answer:
- It promotes rapid economic development through creation and expansion of infrastructure.
- It creates employment opportunities.
- It generates financial resources for development.
- It is ensuring equality of income, wealth and thus, a balanced regional development.
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