WHICH STATEMENT REGARDING PUBLIC SECTOR ARE CORRECT? (a)private market system always achieve equitable& sufficient outcome (b)in mixed economy, the government& market force play an important role (c)market failure justify the need 4 government intervation
by 
KGAKGADI
ANSWERS: 1
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I think that our recent world recession shows that there should be a mix. I don't think a government controlled market would work as gov organisations are ridiculiously inefficent. but there needs to be a little bit of intervention so as to avoid the same probs in the future
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