Social Sciences, asked by kasiydgutaroc0kst, 1 year ago

Classify the industries on the basis of ownership ?

Answers

Answered by mohammedzakriya43
97

Explanation:

your answer is this

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Answered by gratefuljarette
138

Public, private, joint and cooperative sectors – on the basis of ownership industries are being classified.

Explanation :

Private  

  • They are owned by individuals or a group. They can be operated on a small or large scale. They are highly competitive and commercial.  Ex: Oyo  

Public

  • They are owned by the government.  Ex: SAIL

Joint

  • They are operated by the joint venture of the state and a group of individuals.  Ex: Maruti Udyog Limited.

Co-operative

  • They are particularly owned by producers or suppliers of workers or raw materials or both of them.  Ex: Anand Milk .

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