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Q.

Which sector is expected to provide services at a reasonable cost?


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a

Private sector

b

Public sector

c

Primary sector

d

Service sector 

answer is B.

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Detailed Solution

The public sector is expected to provide services at a reasonable cost. Some ways through which the public sector contributes to national development are:
  • The public sector helps develop a nation's infrastructure, which further supports the development of all sectors of the economy.
  • The government provides subsidies for various activities.
  • Many services are provided to the public at either low cost or for free, like medical facilities, education, drinking water, sanitation, and housing facilities for the poor.
  • The government also generates many employment opportunities.

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