WebOn the basis of ownership of assets, the classification of economic activities is as follows. 1. Public Sector: In this sector, the government owns most of the assets and provides all the services, e.g., railways. This sector predominates certain areas like mining, power generation, transport, healthcare, education etc. 2. WebBest Answer. Ans: Public Sector: The Government owns most of the assets and provides all the services. For example Railways and post office. Private Sector: Ownership of … cookies on ipad pro WebSep 4, 2024 · Unorganised sector. Question 28. Classify economic activities into sectors on the basis of ownership. Give examples. Answer: In terms of ownership, sectors … WebThe three dominant sectors of the Indian economy are the primary sector, the secondary sector, and the tertiary sector. At the point when we talk about the style of activity, the Indian economy can be separated into two areas or sectors that are unorganised sector and organised sector. Once more, as far as a proprietorship or ownership is ... cookies on iphone 11 pro max WebSector in terms of Ownership. On the basis of ownership of resources economic activities can be classified as -. 1. Private sector : It is the sector which is controlled, managed and owned by the individual. e.g. Hindustan lever, … WebDec 13, 2024 · Classification of economic sectors on the basis of nature of activities are as follows : (i) Primary sector : When we produce goods by exploiting natural resources, it is an activity of the primary sector, such as agriculture, dairy farming, fishing, forestry. (ii) Secondary sector : In this, natural products are changed into other forms through … cookies on ipad WebJul 30, 2024 · Classify Industries on the Basis of Ownership. The optional area of monetary exercises is worried about the handling of natural substances in items and …

WebMain characteristics of capitalistic economy 1. The free enterprise: All the economic activities and business are conducted by private individuals making it a free enterprise … WebJul 25, 2024 · On the basis of ownership of assets, the classification of economic activities is as follows. 1. Public Sector: In this sector, the government owns most of the … cookies on iphone 11 A sectoris an area of the economy in which businesses share the same or related business activity, product, or service. Sectors represent a large grouping of companies with similar business activities, such as the extraction of natural resources and agriculture. Dividing an economy into different sectors h… See more Sectors are used by economists to classify economic activity by grouping companies that are engaged in similar business activities. For example, some sectors are engaged in activities that i… See more In the financial markets, the economic sectors are broken down into sub-sectors to help investors compare … See more It is common for investment analystsand other investment professionals to specialize in certain sector… See more Investors use sectors to group stocks and other investments into categories that share unique characteristics. Investment sectors can provide insigh… See more WebMay 17, 2024 · Economic activities result in the production of goods and services while sectors are the group of economic activities classified on the basis of some criteria. The Indian economy can be classified into various sectors on the basis of ownership, working conditions and the nature of the activities. All economic activity was in the primary … cookies on iphone 11 pro WebThe economic sectors are classified on the basis of ownership. This classification can be renowned as public and private sectors. The basic details of both sectors are … WebMay 28, 2024 · Sector: A sector is an area of the economy in which businesses share the same or a related product or service. It can also be thought of as an industry or market that shares common operating ... cookies on ipad löschen WebSectors are a group of economic activities classified on the basis of various factors which include: ownership of assets, nature of activity and conditions of work. On the basis of ownership of assets: (i) Public sector (ii) Private sector. On the basis of nature of activity: (i) Primary sector (ii) Secondary sector (iii) Tertiary sector

WebApr 13, 2024 · Classify the economy on the basis of ownership of enterprises - 16569111. ... Secondary School answered Classify the economy on the basis of ownership of enterprises 2 See answers … cookies on iphone WebAug 7, 2024 · 1)Public sector: In the public sector, the government owns most of the assets and provides all the services. Railways or post office is an example of the public sector. The purpose of the public sector is not to just to earn profits. Governments raise money through taxes and other ways to meet expenses on the services render on it. cookies on iphone se