CBSE Class 10 Answered
how can government support the private sector in the economic
Asked by shirinsharma89.10dgatl | 20 Sep, 2021, 06:58: PM
Expert Answer
The government can support the private sector in the following ways:
- By developing good infrastructure which help in smooth trading of goods and other products
- By providing necessary cheap credit to small business owners
- By increasing the total purchasing power of individuals in an economy that simultaneously increases the demand of goods and services by the individuals
- By giving tax credits
- By providing subsidies on crucial raw materials
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