what is known as a public sector industry
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PUBLIC SECTOR INDUSTRIES ARE THOSE INDUSTRIES WHICH ARE RUN BY THE GOVERNMENT....
EXAMPLE➡️➡️ONGC , HINDUSTAN ZINC ETC.
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Public sector industry :- It is the part of economy composed of both public service and public interprises.....
Public Service include public goods and governmental service such as military, law enforcement, water supply, sewers.
Public Sector might provide services that a non payer cannot be excluded from such as street lighting services which benefit all of society rather than just the individual who uses the service....
Hope it will help u
Public Service include public goods and governmental service such as military, law enforcement, water supply, sewers.
Public Sector might provide services that a non payer cannot be excluded from such as street lighting services which benefit all of society rather than just the individual who uses the service....
Hope it will help u
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