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s. Several services hich carnot be provided by peivate secthur can be provided by publicsecur" Explan how |
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Answer» ociety needs many things as a whole which the private sector is not be able to provide at a reasonable cost. The reasons are as follows : (i) Some of them need spending large sum of money which is beyond the capacity of the private sector. (ii) The private sector charges are very high whereas the government will charge reasonably. (iii) Without government's encouragement and help, the private sector can't enter into such services. For example, areas where the government must spend for the welfare of the people are : (i) Providing health and education facilities by building proper schools. (ii) Providing proper food to tackle the problem of malnourishment. |
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