Question

Classify industry on the basis of ownership​

Answer 1

Answer:

On the basis ownership industries are classified into private sector, public sector, joint sector and cooperative sector. ... (iv)Co-operative sector industries are owned and operated by the producers or suppliers of raw materials, workers or both.

Answer 2

(i) Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals.

(i) Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals. (ii) Public Sector: Public industries are owned and managed by the government. Example, Hindustan Aeronautics Limited (HAL)

(i) Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals. (ii) Public Sector: Public industries are owned and managed by the government. Example, Hindustan Aeronautics Limited (HAL) (iii) Joint sector industries: These industries are jointly operated by the state and individuals. Example, Maruti Udyog.

(i) Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals. (ii) Public Sector: Public industries are owned and managed by the government. Example, Hindustan Aeronautics Limited (HAL) (iii) Joint sector industries: These industries are jointly operated by the state and individuals. Example, Maruti Udyog. (iv) Cooperative sector industries: Cooperative industries are operated by the suppliers, producers or workers of raw material. Example, Amul India.