In an economy, the sectors are classified into public and

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In an economy, the sectors are classified into public and private on the basis of

1. employment condition
2. nature of economic activities
3. ownership of enterprises
4. use of raw materials

Correct Option: C

In an economy, the sectors are classified into private and public on the basis of ownership. Private sector is owned and managed by proprietors and partnerships while the public sector is wholly owned and managed by government.