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The sector are classified into public and private sector on the basis of

Posted by Nature Nature 5 years, 4 months ago

CBSE > Class 10 > Social Science

1 answers

Gaurav Seth 5 years, 4 months ago

The sector are classified into public and private sector on the basis of ownership of enterprises

The three economic sectors can be further classified under the Public and Private sector on the basis of who owns the assets and who is responsible for delivering the services.

1:In Public sector, the government owns most of the assets and provides all the services.

2:In the Private sector, ownership of assets and delivery of services is in the hands of private individual or companies.

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The three economic sectors can be further classified under the Public and Private sector on the basis of who owns the assets and who is responsible for delivering the services.

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