On what basis the sectors of an economy classified into public and private
Answers
Answer:
In public sector workers are working under the government like conductor, IPS, etc is called public sector and private sector are working under the boss like in office worker are working under the private company boss like sony TV company, many other company are there they are private is called private sector
Answer:
Explanation:
The sectors are classified into two types which are named as private and public sectors. This classification is made on the basis of ownership of enterprises. Private sectors are those sectors which is the part of the economy, and sometimes known as the citizen sector also, which is run by private individuals or groups, usually as a means of enterprise for profit, the private sector is run by private individuals or groups specially for the means of profit and is not controlled by the state ...