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why. is public sector required to provide certain things at a reasonable cost

    • Posted by Sachin Badlani 6 years, 10 months ago

    CBSE > Class 10 > Social Science
    • 2 answers

    Gaurav Seth 6 years, 10 months ago

    • The purpose of the public sector is not just to earn profits but to think about the social benefits 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.

    1Thank You

    Puja Sahoo? 6 years, 10 months ago

    I) Aim of public sector is not to earn profit but it is consider to the social benefits.................. ii) Various things needed by the society as a whole but the private sector will not be able to provide at a reasonable price.......................  iii) large sums of money which is beyond the capcity of private sector............................  iv) the government have to undertake such heavy spending.................?

    3Thank You

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