classify economic sector on the basis of ownership with example explain them briefly (3 marker)
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- On the basis of ownership : public and private sector. Public sector : government owns most of the assets and provides all the services. eg: railways,post office. Private sector : owners of assets and delivery of services are in the hands of private individuals or private companies.
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Answered by
1
Explanation:
hey mate here is ur answer ☺❤❤❤❤❤
hope it helps you ☺☺❤❤❤
On the basis of ownership : public and private sector. Public sector : government owns most of the assets and provides all the services. eg: railways,post office. Private sector : owners of assets and delivery of services are in the hands of private individuals or private companies.
have a nyc day ☺❤❤❤
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