Question

Indian economy classified into two sectors explain according 6 marks question

Answer 1

Explanation:

Indian Economy. ... In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.

There are only two sectors in the economy; household sector and business sector.

Economic Sectors

Economic activities result in the production of goods and services while sectors are the group of economic activities classified on the basis of some criteria. The Indian economy can be classified into various sectors on the basis of ownership, working conditions and the nature of the activities.

Hope this helps mate.