Question

The private and public sector are classified on the basis of _____.

• A. number of workers
• B. employment conditions
• C. economic activity
• D. ownership of enterprises

Answer 1

Answer: (D)

ownership of enterprises

1:Public sector refers to government-owned organizations and government provided services.
2:Private sector refers to organizations which are not government-owned and ownership of assets and delivery of services is in the hands of private individuals or companies.
3:Public services include public goods and services like roads, water supply, transport, health, military etc. Public enterprises are state-owned that are under public ownership