Question

Wat s the difference between cooperative sector and a a joint sector??

Answer 1

Cooperative sector  are industries that are owned & operated by group of individuals who are producers or workers in the industry.Capital is pooled in together by people & profits & losses are shared by them while joint sector is the ownership,control & management are shared jointly by the government,the private entrepreneurs & the public at large.The management & control of joint sector enterprise lies with the nominees or representatives of the government,private businessmen & public.