Edzy
Single Answer MCQ
Q-00045407

Which economic sector is least likely to be subject to government regulation?

1

Public Sector

2

Private Sector

3

Organised Sector

4

Tertiary Sector

Reviewed & Verified by Edzy Expert

Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Private Sector

Solution:

The correct answer is 'Private Sector' as it operates primarily for profit and thus has less government oversight compared to public service-oriented sectors.

Watch Video Solution

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1

Which sector is characterized by government ownership and aims to provide services rather than profits?

Single Answer MCQ
View explanation
Q2

What is a significant characteristic of the private sector?

Single Answer MCQ
View explanation
Q3

Which of the following is an example of a public sector entity?

Single Answer MCQ
View explanation
Q4

Why do governments undertake spending in the public sector?

Single Answer MCQ
View explanation