Science, asked by arjitkothavade099, 1 month ago

When the ownership of industry is in the hands of the government or its department, then it is called​

Answers

Answered by krvishwas
1

Explanation:

A state-owned enterprise is a commercial enterprise owned by a government entity in a capitalist market or mixed economy. Reasons for state ownership of commercial enterprises are that the enterprise in question is a natural monopoly or because the government is promoting economic development and industrialization.

Answered by rahulbalaji070
3

Answer:

An industry controlled an owned by the government is  called a Public sector industry.

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