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Q.

Services like railways, posts, and telegraphs are run by the ____ for the welfare of the people.


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Detailed Solution

Services like railways, posts, and telegraphs are run by the government for the welfare of the people.
There are significant roles of government in the economy. Contribution to the welfare of people is one of those roles. People pay taxes to the government and expect it to formulate policies for their interests. Services like posts, railways and telegraphs are by the government for the welfare of the people. Government has the responsibility to provide essential goods and services to its citizens. Also, some large expenditures like the construction of roads and national highways are taken up by the government to protect the people's interest in democracy as the private sector will not engage in the same. Moreover, the government must improve the standard of living.
 
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