NCERT Solution
Class 10
Social Science - Understanding Economic Development
Sectors of the Indian Economy
explain how public sector contributes to the econo...

Question:
Explain how public sector contributes to the economic development of a nation.

Answer:

The public sector contributes to the economic development of a nation in the following ways:
- It promotes rapid economic development through creation and expansion of infrastructure.
- It creates employment opportunities.

- It contributes to the human development index via health and educational services.
- It ensure equality of income, wealth and thus, a balanced regional development.
- It ensures easy availability of goods at affordable prices.

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Question:
Explain how public sector contributes to the economic development of a nation.

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Question:
Explain how public sector contributes to the economic development of a nation.