write the difference between private,public,joint,cooperative sector industries
Answers
Answer:
The management control of joint sector enterprise lies with the nominees or representatives of the government,private businessmen & the public while Cooperative sector industries are owned & operated by group of individuals who are producers or work in the industry.
Answer:
Public Sector refers to the part of the Country's overall economy which is controlled by the Government or various Government bodies. The private Sector refers to the part of the Country's overall economy which is controlled by Individuals or Private Companies.
Joint Sector- the ownership, control and management are shared jointly by the Government, the private entrepreneurs and the public at large.The management and control of a joint sector enterprise lies with the nominees or representatives of the Government, private businessmen and the public.
Cooperative sector industries are owned and operated by group of individuals who are producers or workers in the industry. Capital is pooled in together by people and profits and losses are shared by them.
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