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Q3(a) What is meant by globalization?
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6. Concentrate on public welfare oc.t ivities .
7 . Private control of essential goods, imited the
inf lucncc of private monopoly.
8 . This sect,on of a nations economyf which owned
and controlled by private individuals or companies is
known as public section.
9. Issuing shares and debentures -or by toking
loan.
10. Good story salary package completive
environment incentiv~s etc.
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Public sector: -
1 . The sector, which is engaged in the activit ies of
providing govt. goods and services to the general
public sect,o r ~
2 . The enterprises, agenciu , ond bodi~s are fully
owned, controlled and run by the govt. or a local
govt . .
3. Raised by owner through loon, private sources and
public issues .
4 . Operates in all oreas with adequate on investment.
5 . Managed by owned and professional mcingers .
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6 Moximize social welfare and ensure balanced
economic development .
7 . Raised the govt . funds and sometimes through
public issue .
8 . Operates in bClSic and public utility sectors.
9 . Balanced regional development .
10. 8oost of the basic industries of on economy.
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