Which among the following consists of businesses owned by individuals or a group of individuals?
Private Sector
The Private Sector consists of businesses that are privately owned, not controlled or operated by the government. Therefore, the sector that consists of businesses owned by individuals or a group of individuals is the Private Sector .
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Important Questions from Economy
When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which goods from India dominated the international textile markets before the age of mechanized industries?
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their:
