Single Answer MCQ
Q-00015958

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

1

Private Sector

2

Public Sector

3

Secondary Sector

4

Tertiary Sector

Answer and Solution

Answer

B. Public Sector

Solution:

The public sector is owned by the government and focuses on providing services for society's benefit rather than profit. In contrast, the private sector is profit-driven.

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