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Explain the concept of public sector and private sector?
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Explain the concept of public sector and private sector?
The Government of India has chosen for a mixed economy whereby both government and private establishments are allowed to operate. The economy, hence, may be categorized into two sectors namely., public sector and private sector. The private sector comprises of business owned by an individual or a group of individuals. The different types of organisations are sole or single ownership, joint venture, joint Hindu family, cooperative and company. On the other hand the public sector comprises of various organisations that are owned and managed by the government.
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Explain the concept of public sector and private sector?
As India has a mixed economy system . It has both public and private sectors are in economy.Public sectors are companies controlled and maintained by government.Private sector are companies owned and managed by various enterpreneurs
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Explain the concept of public sector and private sector?
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Explain the concept of public sector and private sector? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Explain the concept of public sector and private sector? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain the concept of public sector and private sector?.
Explain the concept of public sector and private sector? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Explain the concept of public sector and private sector? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain the concept of public sector and private sector?.
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