On what basis is the industrial sector classified into public and private sectors? -SST 10th

On what basis is the industrial sector classified into public and private sectors? -SST 10th
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The industrial sector is classified into public and private sectors on the basis of ownerships of enterprises.
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"Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

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