Post
Topic
Board Economics
Re: The role of private sector involvement in Economic growth
by
Albarq
on 29/07/2024, 05:07:23 UTC

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.

From the economic process that occurs, the private sector provides a positive effect, which is always present in a country and its role can help, advance the economic sector in all fields and it has been proven, reducing the unemployment rate which is currently increasing with the presence of this private sector providing a role to help the government, because the government finds it difficult to work alone and it is something that is mutually needed.