Single Answer MCQ
Q-00044297

Which of the following is NOT a characteristic of the public sector industries?

1

Owned by government agencies

2

Operated for profit

3

Contributes to public welfare

4

Publicly traded on the stock market

Answer and Solution

Answer

D. Publicly traded on the stock market

Solution:

The correct answer is 'Publicly traded on the stock market'. Public sector industries are typically government-owned and focused on welfare rather than profit.

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