Geography, asked by jack6778, 10 months ago

Difference between private-sector and Joint sector .​

Answers

Answered by sristi200415
16

Explanation:

Private sector ...

1.It is owned by an individual or a group of individuals...

2.It is not under government..

Joint sector:

1.It is runned by and individual or a group of individuals along with government..

2.It is under government

Answered by ShírIey
88

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Private Sector:-

• The private sector is usually composed of organizations that are privately owned and not part of the government.

• This includes corporations (both profit and non-profit), partnerships, and charities.

• Private sector is by thinking of organizations that are not owned or operated by the government.

For example - retail stores, credit unions.

Joint Sector:-

• The joint sector would include units in which both public and private investments have taken place and where the state takes an active part in direction and control.

•Profit and social Obligation.

• Combination of Government and Private person .

For example- Maruti Yog ltd.

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