Economy, asked by preetymansi24, 1 year ago

terms of ownership public and private sectors

Answers

Answered by zainu7
7
heyy!!
the ownership of public sector is in the hands of government.....and
the ownership of private sector is in the hands of an individual and in this there is no interference of government.....
HOPE IT HELPS UHHHH!
Answered by Anonymous
10

The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises.

Public services include public goods and governmental services such as the military, police, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications, etc.), public transit, public education, along with health care and those working for the government itself, such as elected officials.
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the State. (Areas of the economy controlled by the state are referred to as the Public Sector).

22Aryan22: No, because it is copied from google. Thanks
preetymansi24: oohk
preetymansi24: thanks aryan
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