Question:

Differentiate between public provision and public production.

Show Hint

Public provision involves government funding but private execution, while public production involves direct government manufacturing.
Updated On: Jan 30, 2025
Hide Solution
collegedunia
Verified By Collegedunia

Solution and Explanation

\begin{center} \begin{tabular}{|p{6.5cm}|p{6.5cm}|} \hline Public Provision & Public Production
\hline Government provides goods and services but does not necessarily produce them. & Government directly produces goods and services.
\hline Example: Free education in private schools under government schemes. & Example: Government-owned factories producing essential goods.
\hline \end{tabular} \end{center}
Was this answer helpful?
0
0