Economy, asked by vishvesh29, 1 year ago

which of following statements is true in respect of public sector?
A) big companies own most of the assets.
B) government owns the assets.
C) A group of people owns most of the assets.
D) An individual owns most of the assets. ​

Answers

Answered by ayanrockson17122003
37

Answer:

C

Explanation:

PUBLIC SECTOR IS MOSTLY OWNED BY THE GROUP OF PEOPLE.

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Answered by techtro
24

The true statement in respect of public sector is option B

  1. The Government has the ownership of the assets in the public sector
  2. They provide goods and services for the benefit of the community. They are run by the government. They operate with money raised from taxes.
  3. Examples of organizations in the public sector include:

•Education (Schools, Libraries)

•Electricity.

•Emergency Services.

•Fire Service.

•Gas and Oil.

•Healthcare.

•Infrastructure.

•Law Enforcement.

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