How far is it correct to say that several services which Cannot be provided by the private sector but can be provided by the public sector explain with examples?

How far is it correct to say that several services which Cannot be provided by the private sector but can be provided by the public sector explain with examples?

Answer: (i) Some of the services are beyond the capacity of the private sector. Collecting money from thousands of people who can use the facilities is not easy. Even if they provide these things, they would charge a high rate for their use.

What are the reasons that the private sector will not provide certain services at a reasonable cost?

There are several services needed by the society which the private sector cannot provide at a reasonable price. Activities like construction of roads, bridges, railways, irrigation through dams etc, require huge amount of money which is beyond the capacity of the private sector.

What services does the private sector provide?

Examples of private sector goods and services include broadband service providers, food shops, mobile phone providers, car dealerships and consumer goods companies, eg those selling electronic items such as TVs, fridges and laptops.

How would you explain the difference between the public and the private sector?

Public Sector refers to the part of the Country’s overall economy which is controlled by the Government or various Government bodies. The private Sector refers to the part of the Country’s overall economy which is controlled by Individuals or Private Companies.

What is secondary sector also known as?

The secondary sector is also known as the industrial sector.

Why certain service can be provided by public sector only?

Answer: Explanation: There are many services like railways, generating electricity, construction of roads, bridges require huge capital investment which are at times beyond the capacity of private sector, therefore, public sector takes over. Hence it is the, Public sector that steps in to provide such services.

Why is the public sector required to provide certain?

The main aim of the government sector is to ensure welfare and not make profit, it thus provides basic services like health, education, medical, fair price shops which can be within everybody’s reach and that its benefits can reach out to more and more people.

What are private care services?

Private care is care that is paid for out of pocket, or privately, or by a long-term care policy. Private care is not limited by insurance restrictions or requirements. It may include the services a patient or family want, and may be long- or short-term.

What is the difference between public/private and third sector Organisations?

The ‘third sector’ is an umbrella term that covers a range of different organisations with different structures and purposes, belonging neither to the public sector (i.e., the state) nor to the private sector (profit-making private enterprise).

What do you think society needs that the private sector cannot provide?

Please log in or register to answer this question. Society needs many things as a whole which the private sector is not able to provide at a reasonable cost. (i) Some of them need spending large sums of money which is beyond the capacity of the private sector.

What is the difference between private sector and government services?

(ii) The private sector charges are very high whereas the government will charge reasonably. (iii) Without government’s encouragement and help, the private sector can’t enter into such services.

What will happen to the private sector if the government shuts down?

The private sector may not continue their production or business unless government encourages it. For example, selling electricity at the cost of generation may push up the costs of production of industries.’Many units, especially small-scale units, might have to shut down.

What are some examples of public sector activities?

A few examples of public sector activities are Indian Railways, water, electricity board and modes of transport. There are several necessities of common man, but it is not possible for the private sector to provide all these things at reasonable cost.