what are several sector in which only government is able to invest and manage. why?....... please help me or dont give irrelevant answer... if you give then i will report your answer... so please help me
Answers
Answer:
Explanation:
ery Short Answer Questions (VSA) 1 Mark
Question 1.
Classify the economy on the basis of ownership of enterprises. (2012)
Answer:
Public Sector and Private Sector.
Question 2.
Classify the economy on the basis of the nature of the activity. (2015)
Answer:
The economy is classified on the basis of economic activities into three sectors namely Primary sector, Secondary sector and Tertiary sector.
Question 3.
What is disguised unemployment? (2012)
Answer:
Explanation:
Certain things are needed by society as a whole and private sector will not provide at a reasonable cost.
For the growth of some sector support of government is essential.
For example- electricity, hospital,PDS
some activities are the primary responsibility of government and government must spend on these.
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