Post
Topic
Board Economics
Re: The role of private sector involvement in Economic growth
by
StreakW
on 23/05/2024, 06:39:40 UTC
The role of private companies is very important in economic growth because the existence of private companies can reduce unemployment in a country and increase state income from taxes. Moreover, if the private company is large, the contribution in taxes will also be large, which can later be used by the state to improve the economic welfare of its people.