10th Class Social Science Sample Paper Sample Paper - 3 Term - 1

  • question_answer   Why is the public sector required to provide certain things at a reasonable cost?

    Answer:

      The public sector is required to provide certain things at a reasonable cost because (i) The aim of public sector is not just to earn profits but to consider the social benefit also. (ii) There are various things needed by the society as a whole, but the private sector will not be able to provide at a reasonable cost. (iii) Some of these need spending large sums of money, which is beyond the capacity of the private sector. Thus, government have to undertake such heavy spending and ensure that these facilities are available for all.                                                                                                                                                                                                             (3)


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