Question

the sector in which the productive units are owned, maintain ed and managed by government a) organised sector b) primary sector c) public sector d) industrial sector​

Answer 1

In public sector,the productive units are owned,maintained and managed or administered by the government.Hence,the answer would be option c) or public sector.

Explanation:

• Public sector is a specific and important component or sector of an economy which is owned and administered by the government,both at the state and central level.
• All the productive resources,inputs and the goods and services involved with the public sector are owned and allocated by the government to serve the overall public interests and demands.In this regard,the productive resources,units and factors/inputs of production used or employed in the public sector industries are selected and efficiently allocated by the government itself without any external or private intervention.
• Some of the examples of goods and services provided by the public sector under the government or state control includes public education,health and medical services or facilities,clean drinking water,public transportation,public roads and highways.Hence,the resources or productive units used in the production and optimal allocation of these public goods are majorly owned and managed by various levels of the government.

Answer 2

Answer:

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