मराठी

Why does the private sector do better? - Economic Applications

Advertisements
Advertisements

प्रश्न

Why does the private sector do better?

लघु उत्तर
Advertisements

उत्तर

The private sector does better because it operates on profit motive, encouraging efficiency, innovation, and competition. It mobilizes private capital and adapts quickly to market demands, leading to higher productivity and growth. Moreover, the private sector manages diverse industries and provides significant employment and income, driving economic development effectively.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Other Sectors of Indian Economy - QUESTION BANK [पृष्ठ ११७]

APPEARS IN

जे. पी. गोयल आणि कौशल गोयल Economic Applications [English] Class 9 ICSE
पाठ 9 Other Sectors of Indian Economy
QUESTION BANK | Q 22. | पृष्ठ ११७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×