Question

List the areas where state or central ownership is preferred form of business organisation

Answer 1

Answer:

Proprietorship and partnership

Answer 2

Answer:

Explanation:

The firms that are running in the Economy for the "Public Interest" and the "Social Welfares".

Like: Transportation facilities like Railway, Roadways, etc. Government Education system and other facilities provided by the Government are the Organization that is the areas where the state and the central ownership is preferred.