role of public sector...pls can someone explain
Answers
Explanation:
Role of Public Sector: The public sector has been playing a vital role in the economic development of the country. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance.
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Answer:
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Based on the ownership, economic activities can be classified into public and private sectors.
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity.
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity. The main objective of private sector activities is to make a profit. The motive of public sector activities is to make a profit and also provide essential services.
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity. The main objective of private sector activities is to make a profit. The motive of public sector activities is to make a profit and also provide essential services.The services provided by the government through the public sector are:
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity. The main objective of private sector activities is to make a profit. The motive of public sector activities is to make a profit and also provide essential services.The services provided by the government through the public sector are:Basic essential services
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity. The main objective of private sector activities is to make a profit. The motive of public sector activities is to make a profit and also provide essential services.The services provided by the government through the public sector are:Basic essential servicesInfrastructure development services
Based on the ownership, economic activities can be classified into public and private sectors.An economic activity owned and managed by the government is called a public sector activity. An economic activity owned and managed by an individual or a group of individuals is called a private sector activity. The main objective of private sector activities is to make a profit. The motive of public sector activities is to make a profit and also provide essential services.The services provided by the government through the public sector are:Basic essential servicesInfrastructure development servicesCommunity support services
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