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Question

Which companies provide public facilities but at a price that only some people can afford.

A
Private companies
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B
Public companies
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C
Semi-government companies
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D
None of the above
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Solution

The correct option is A Private companies
  1. Public Facilities: Things like electricity, public transport, schools and colleges, etc. which are necessary for survival and daily life are known as public facilities. Public facilities are provided so that their benefits can be shared by many people.
  2. The Government’s Role: The most important functions of the government is to ensure that these public facilities are made available to everyone. But, as private companies work towards the singular goal of maximising profits, they provide these services at higher prices

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