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Public Sector Enterprise question and answers
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40
April 2025
2024/2025
A+
Public Sector Enterprise question and answers
QUESTION ONE (30 Marks)
I. Importance of Public Sector Enterprise in Underdeveloped Countries
Public sector enterprises play a pivotal role in underdeveloped economies by:
• Addressing Market Failures: They provide goods and services that the private sector under-supplies due to low profitability (e.g., basic utilities, transport, and health services).
• Infrastructure Development: They invest in critical infrastructure (roads, power, wate...
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