Question

what do you mean by the enterprises owned by individual in terms of ownership?10th class CBSE book economic chapter 2​

Answer 1

Answer:

Enterprises can be classified into Private sector enterprise and Public sector enterprise. Private sector enterprises are owned and run by individuals, or a group of individuals, with the aim of making profit. Public sector enterprises are owned and run by the government.

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Answer 2

Explanation:

Enterprises can be classified into Private sector enterprise and Public sector enterprise. Private sector enterprises are owned and run by individuals, or a group of individuals, with the aim of making profit. Public sector enterprises are owned and run by the government.