Answer:
Public Sector
Private Sector
(i) These enterprise are owned by the state or central government.
(i) These enterprises are owned by private individuals.
(ii) The object is to promote public welfare.
(ii) The object is to maximize profits.
(iii) These are managed by bureaucrats, e.g., Railways, Post and Telegraph, Ships, LIC.
(iii) These are managed by professional managers, e.g., TISCO, TELCO, DCM, Reliance, Birla Textile Miils.
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