Quote from: Fausto Arta on May 05, 2024, 07:11:11 PM

Quote from: jrrsparkles on May 04, 2024, 05:06:23 PM

Not everything in a country can run by a government so which itself enough why we need private sectors to keep things in balance, of course government bend their rules in favour of them for whatever reasons while private sectors create job opportunities that again help someone to make money and they will spend the money they earned so that will obviously help in the development of economy in a country.

Yes, the role of the private sector in the economy remains important because it can help society by absorbing labor, increasing people's purchasing power and creativity, and increasing state income. And the private sector can also participate in the development and financing of infrastructure that has been planned by the government. And of course, the government's role as the planning party is very necessary in monitoring infrastructure so that it can be used by the community.

The moment we said private then profit comes as their priority, the job opportunities and other developments are just the secondary products from it, but government policies can keep things that can be benefit for the labourers too that is why companies don't like certain government and not going to manufacture their products while some other governments welcome them with wide open arms with no restrictions at all.