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Why is public sector required to provide certain things at reasonable cost ? learn write |
| Answer» \tThe purpose of the public sector is not just to earn profits but to think about the social benifits also.\tThere 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.\tSome of these require large sums of money to be spent, which is beyond the capacity of the private sector. | |