which sector is more concerned about people's welfare than making profits
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Higher profit enables firms to invest in more research and ... Higher profit also acts as a signal to other entrepreneurs to increase investment in that industry. ... more on public services, such as health care, education and welfare payments. ... If a firm is making profit because it has monopoly power
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Public sector. The private sector only cares about money and is for the rich while the public sector is for the poor and mostly is free
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