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
37
Answer:
C
Explanation:
PUBLIC SECTOR IS MOSTLY OWNED BY THE GROUP OF PEOPLE.
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Answered by
24
The true statement in respect of public sector is option B
- The Government has the ownership of the assets in the public sector.
- They provide goods and services for the benefit of the community. They are run by the government. They operate with money raised from taxes.
- 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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