Question

differentiate between the sector on the basis of ownership with examples. chapter 3 economic class 10th

Answer 1

PUBLIC SECTOR PRIVATE SECTOR
Meaning The section of a nation's economy, which is under the control of government, whether it is central, state or local, is known as the Public Sector. The section of a nation's economy, which owned and controlled by private individuals or companies is known as Private Sector.
Basic objective To serve the citizens of the country. Earning Profit
Raises money from Public Revenue like tax, duty, penalty etc. Issuing shares and debentures or by taking loan

Answer 2

1.Individual
These are also owned privately by individuals. many farmers own land which is allotted to them by govt against the payment of revenue. for eg. urban people own plots, water in well etc.

2.community Owend
There are resources which are accessible to all the members of community are know as community owned. for eg. public park, playground etc.

3.National
Technically,all the resources bling to nation. the country has legal power to acquire even private property for public good. for eg. roads all minerals etc.

4.International
There are international institutions which regulate some resources. the oceanic resources beyond 200 nautical miles of exclusive economic zone bling to open Ocean.

hope it's help you.....