12th commerce
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HSC 12th commerce economics 3&4lesson
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Here are short notes on **Economics for 12th Commerce (HSC), Lessons 3 & 4:** ### **Lesson 3: Public Sector and Private Sector** - **Public Sector**: This includes industries and services owned and operated by the government. The main objective is welfare and not profit. - Examples: Indian Railways, Postal services. - Characteristics: Government ownership, welfare-oriented, service provision. - **Private Sector**: It includes industries and services owned by private individuals or...
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