- Books Name
- Understanding Economic Development Class-10
- Publication
- PathSet Publications
- Course
- CBSE Class 10
- Subject
- Economics
SECTORS IN TERMS OF OWNERSHIP: PUBLIC AND PRIVATE GOODS
- The services mentioned above that the government provides are as follows:
- Construction of roads, bridges, railways, harbors, generating electricity, providing irrigation through dams etc.
- Government produces and supplies services like electricity at rates that are affordable to all and encourages the continuation of various industries and activities.
- It also buys certain commodities from farmers at a fair price and sells them at lower prices at ration shops.
- Running proper schools and providing quality education, particularly elementary education.
- The government also needs to pay attention to aspects of human development such as the availability of safe drinking water, housing facilities for the poor and food and nutrition.
- It is also the duty of the government to take care of the poorest and most ignored regions of the country through increased spending in such areas.