ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The people who work in both the public and private sector
A
Land
B
Labor
C
Entrepreneurahip
D
Capital
Explanation: 

Detailed explanation-1: -Public-private partnerships involve collaboration between a government agency and a private-sector company that can be used to finance, build, and operate projects, such as public transportation networks, parks, and convention centers.

Detailed explanation-2: -Businesses that make a profit commonly represent the private sector, while government agencies tend to represent the public sector.

Detailed explanation-3: -employee. noun. someone who is paid regularly to work for a person or an organization.

Detailed explanation-4: -Public sector organisations are owned, controlled and managed by the government or other state-run bodies. Private sector organisations are owned, controlled and managed by individuals, groups or business entities.

There is 1 question to complete.