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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Based on ________, industries are categorized into - public sector, private sector and cooperative sector.

A
processes
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B
raw materials
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C
ownership
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D
services
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Solution

The correct option is C ownership

Economic activity is any action that involves producing, distributing, or consuming products or services. These economic activities can be broadly divided into three categories: Primary, Secondary and Tertiary. Based on ownership, industries are categorised into - public sector, private sector and cooperative sector.


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