economicsChoose if the given statement is True/False.The government has a role in providing better facilities to small producers to compete in markets.

Choose if the given statement is True/False.


The government has a role in providing better facilities to small producers to compete in markets.


  1. A
    True
  2. B
    False 

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    Solution:

    The above statement is True.
    The government is the only body that can provide these facilities to small producers. The government is providing cheap and affordable credit to small producers, which will help them produce more output without stressing the high rates of loans. The government is also making sure that they can sell their goods and services in the global market, which will also increase the economy's production. The government has provided everyone with better technology that can be used to enhance production and find cheap raw materials and other inputs at cheap rates. Producers can also sell their commodities worldwide, which will help them grow and understand things better.
     
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