define public sector industries
Answers
Answered by
4
Answer:
The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises. ... Organizations that are not part of the public sector are either a part of the private sector or voluntary sector.
plzzz mark the answer brainliest! ! !
Answered by
3
- they are owned by the central or state government.
- eg : Bharat heavy electrical limited ( BHEL ) and Indian oil corporation ( IOC) .
- in US they are rather sponsored by the government and are known as government sponsored enterprises.
hope it helps you
have a nice day
Similar questions