Private companies provide public facilities for
a. Welfare of the people
b. Their own profit
c. The development of idea
d. None of the above
Answers
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Answer:
option a
Explanation:
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Answer:B)Their own profit
Explanation:
Private companies are profit driven firms i.e. their main agenda is to earn profit.
For example , I am taking a generalized case
Private Hospital:
- Good Facilities and high tech instruments
- But cost is very high
Govt Hospital
- Average or low facilities
- But cost is subsidized for treatment of poor people
Note:
This case was just a general idea don't get offended if you get counter examples such as a govt. hospital with excellent facilities or a private hospital with low level facilities. :)
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