Question

Classify the economy on the basis of ownership of enterprises.​

Answer 1

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Classify the economy on the basis of ownership of enterprises.

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Public Sector and Private Sector.

Answer 2

Answer:

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.

hope it helps :)