Single Answer MCQ
Q-00015961
Why do governments undertake spending in the public sector?
1
To support large technology firms
2
To address public needs that the private sector may not provide
3
To generate maximum revenue
4
To compete with private companies
Answer and Solution
Answer
B. To address public needs that the private sector may not provide
Solution:
Governments spend in the public sector to meet essential needs, such as infrastructure and public health, which private firms may not provide at reasonable costs.
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