Why is public sector required to provide certain things at reasonable

1.	Why is public sector required to provide certain things at reasonable cost
Answer» Explanation: 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.

Why is public sector required to provide certain things at reasonable cost

Answer»

Explanation:

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.