Industries Based on Ownership
- Public Sector Industries are owned and managed by governments. In India, there were a number of Open Sector Undertakings (PSUs). Socialist countries have numerous states possessed businesses. Mixed economies have both Open and Private sector enterprises.
- Private Sector Businesses are possessed by individual financial specialists. These are managed by private associations. In capitalist countries, businesses are by and large owned privately.
- Joint Division Businesses are overseen by joint stock companies or some of the time the private and open segments together establish and oversee the businesses. Can you make a list of such businesses?
Chapter 5 Secondary Activities| Class 12 Geography Notes
Manufacturing includes a wide range of generation exercises, extending from conventional craftsmanship to the manufacture of press and steel, as well as the assembly of complex computer components or aviation vehicles. In any case of a particular sort, manufacturing includes the application of control, mass generation of standardized products, and get-together line operations.
Let us learn more about secondary activities in this article!