Ms.

Akansha Arora Farheeen Khan

 Joint sector industries are owned jointly by the government
and private individuals who have contributed to the capital.
 In joint sector, both public sector and private sector join
hands to establish new enterprise. It combines merits of
both public and private sector. The concept of joint sector
matches with the concept of mixed economy.
 As mixed economy is the combination of both capitalism and
socialism, joint sector is combination of both public sector
and private sector.
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