Elaborate with an example, on why the public sector activities are required to drive a country’s economy, and one cannot rely wholly on the private sector

The answer is :

The private sector plays a key role in poverty reduction through employment and engaging communities via inclusive business models. ... If these goods and services were to be produced locally, more jobs would be created, distributing incomes and reducing poverty domestically.

Explanation:

The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. ... Companies and corporations that are government run are part of what is known as the public sector, while charities and other nonprofit organizations are part of the voluntary sector.Both the public and private sector have a role to play. For general businesses without externalities, the private sector is likely to be more efficient and better at job creation. Reducing the scope of government spending could create more private sector opportunities for investment and job creation.

both focus ón people who behave in a risky way and çause accídeñ both explaín how to púrchase insurance añd cover the costs of premium. both describe what happened when consumers fail to pay their premíums in time

the telephone is the answer