what are the two sectors on the basis of ownership
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Hey friend, here's your answer.
The two sectors on the basis of ownership are as follows:
1) Private sector:
In private sector, ownership of assets and delivery of services lie in the hands of individuals or private companies.
Ex- TISCO, Hindustan Unilever, etc.
2) Public sector:
In public sector, ownership of assets and delivery of services lie in the hands of government.
Ex- Indian Railways, BHEL,etc.
Hope it helps.
Please make it the brainliest.
The two sectors on the basis of ownership are as follows:
1) Private sector:
In private sector, ownership of assets and delivery of services lie in the hands of individuals or private companies.
Ex- TISCO, Hindustan Unilever, etc.
2) Public sector:
In public sector, ownership of assets and delivery of services lie in the hands of government.
Ex- Indian Railways, BHEL,etc.
Hope it helps.
Please make it the brainliest.
Answered by
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private and public sector
PUBLIC SECTOR the government owns most of assets and provide service
main aim is welfare of people
they provide services which they think are necessary
eg railways post offices,etc
PRIVATE SECTOR most of assets are owned by individuals
main aim is profit
eg tata,reliance,etc
they provide services which would bring them best returns
refer this pic for more information
PUBLIC SECTOR the government owns most of assets and provide service
main aim is welfare of people
they provide services which they think are necessary
eg railways post offices,etc
PRIVATE SECTOR most of assets are owned by individuals
main aim is profit
eg tata,reliance,etc
they provide services which would bring them best returns
refer this pic for more information
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