Why is the public sector required to provide certain things at a reasonable cost? -SST 10th

1 Answer

Answer :

. The purpose of the public sector is not just to earn profits but to think about the social benifits also. . There are several things needed by the society as a whole but which the private sector will not be able to provide at a reasonable cost. . Some of these require large sums of money to be spent, which is beyond the capacity of the private sector.

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