Contributions of private sector to economic development
- provision of employment
- increase government revenue
- promote infrastructural development
- promote resource utilization
- promote industrialization
- promote innovation and invention
- promote development of entrepreneurship skills
- provide variety of goods and services thus increase customers choice
- lead to development of labour skills
- improve balance of payment positions
- reduce economic dependence
- promote commercialization of economy
TAGS Dr. Bbosa Science
