Economy, asked by highend83, 10 months ago

Name two commercial activities on the basis of ownership​

Answers

Answered by Anonymous
0

Explanation:

On the basis of ownership : public and private sector.

Public sector : government owns most of the assets and provides all the services. eg: railways,post office.

Private sector : owners of assets and delivery of services are in the hands of private individuals or private companies.

Hope it helps you Mate

Answered by anchal1217
1

Answer:

On the basis of ownership; Public sector and Private sector.

Public sector:-

Public sectors include public goods and governmental services such as the military, law enforcement, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications, etc.), public transit, public education, along with health care.

Private sector:-

The private sector or enterprise are the businesses that are owned by a private group or an individual. Different types of businesses under private enterprises are a partnership, sole proprietorship, cooperative, and company.

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