Question

why the private sector does not provide useful things at a reasonable price

Answer 1

Answer:

Following are the reasons for this:

There are several services needed by the society which the private sector cannot provide at a reasonable price. Activities like construction of roads, bridges, railways, irrigation through dams etc, require huge amount of money which is beyond the capacity of the private sector.

Answer 2

Activities in the private sector are guided by the motive to earn profits

JAI SHREE KRISHNA