MP Board · Class 8 · Social Science · IndustriesWhich of the following classifies industries according to their ownership?
Step-by-Step Solution
Industries can be classified according to ownership into private sector, state-owned or public sector, joint sector, and cooperative sector. Ownership determines who controls and manages the industrial unit.
Detailed Options Breakdown
Option : Agro-based, mineral-based, marine-based, forest-based
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Industries.
Option 1: Private sector, public sector, joint sector, cooperative sector (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Small scale and large scale industries
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Industries.
Option 3: Primary, secondary and tertiary industries
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Industries.
💡 Study Guide: This question tests core syllabus concepts from Industries. For formulas, key summaries, and mock exam reference guides, read the full Industries Revision Notes.