Why is the public sector required to provide certain thingsat a reason

1.	Why is the public sector required to provide certain thingsat a reasonable cost?
Answer» a. There are many services like railways, generating electricity, construction of roads, bridges require huge capital investment which are at times beyond the capacity of private sector, therefore, public sector takes over.b.Even if private sector engage in these services they will not be able to provide them at reasonable costs and thus not everybody could afford it and avail its benefits.c. Hence it is the, Public sector that steps in to provide such services.d. The main aim of the government sector is to ensure welfare and not make profit, it thus provides basic services like health, education, medical, fair price shops which can be within everybody's reach and that its benefits can reach out to more and more people. Like my answer if you find it useful!

Why is the public sector required to provide certain thingsat a reasonable cost?

Answer»

a. There are many services like railways, generating electricity, construction of roads, bridges require huge capital investment which are at times beyond the capacity of private sector, therefore, public sector takes over.b.Even if private sector engage in these services they will not be able to provide them at reasonable costs and thus not everybody could afford it and avail its benefits.c. Hence it is the, Public sector that steps in to provide such services.d. The main aim of the government sector is to ensure welfare and not make profit, it thus provides basic services like health, education, medical, fair price shops which can be within everybody's reach and that its benefits can reach out to more and more people.

Like my answer if you find it useful!

Discussion

No Comment Found

Related InterviewSolutions

6. Name any three medicinal plants with their uses.
Name any four plants with medicinal value.
What role does opposition political party play in Indian politics?oes democracy produce an 'accountable government?
Name the program that allows high level language to interrelate with a hardware device.
Explain the statement,' there is a general consensus of high level of buffer stock of food grains is very undesirable and wasteful.' (5mark question)
who was Columbus
ind out where records are kept in your village orty. Who writes these records? Is there an archive?ho manages it? What kinds of documents are storedere? Who are the people who use it?
Project:Take weights of five of your friends.Find out what their weights will be on themoon and the Mars.
Give four examples of adjacent angles in daily life.
when do they use this direction in daily life