Joint sector enterprises involve:

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1. **Meaning:** A joint sector enterprise is one where the **government and private** parties own and run the business together.
2. **Why (a) is wrong:** “Only private ownership” leaves out the government share.
3. **Why (c) and (d) are wrong:** “Complete foreign ownership” and “cooperative societies only” are not government–private partnerships.
4. **Conclusion:** The best choice is (b), government and private ownership together.

FINAL_ANSWER: b

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