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Question : The concept of joint sector implies cooperation between:

Option 1: public and private sector industries

Option 2: state and central governments

Option 3: domestic and foreign companies

Option 4: none of these


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: public and private sector industries


Solution : The correct answer is public and private sector industries .

Government agencies and capital-contributing private citizens jointly own joint-sector businesses. In the joint sector, public and private sectors work together to launch new businesses. A mixed economy is expanded upon by the joint sector. The entities that have received investments from the public and private sectors, along with those in which the state actively participates in direction and control, would be considered members of the joint sector.

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