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March 26, 2017

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advantages and disadvantages of allocating resources through the public sector

  • Economics - ,

    In the public sector everyone is more likely to be treated equally. The public sector doesn't take profits so the cost to the public is likely to be less than if it were in the private sector.

    However, many people distrust the government and believe it is inefficient. The private sector usually has competition which motivates it to improve efficiency.

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