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Joint sector industry is one of the classifications of industries on the basis of ______.
source of raw material
capital investment
bulk and weight of raw material
Ownership
Joint sector industry is classified based on ownership. Here's a concise explanation of each option:
- Source of Raw Material: Industries classified by the origin of their raw materials, such as agro-based or mineral-based industries.
- Capital Investment: Industries categorized by the amount of money invested, like small-scale or large-scale industries.
- Bulk and Weight of Raw Material: Industries classified by the physical properties of their raw materials, like weight-gaining or weight-losing industries.
- Ownership: Industries classified by ownership include public, private, joint, or cooperative sectors. Joint sector industries are owned and managed by the state and private entities.
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