Answer:
1. **Private Ownership:** Owned by individuals/groups for profit, quick decisions.
2. **Public Ownership:** Government/public ownership for public welfare, faces bureaucracy.
3. **Cooperative Ownership:** Collective ownership, democratic control, shared profits, emphasizes community benefits, faces challenges in efficiency and scalability.
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Answers & Comments
Answer:
1. **Private Ownership:** Owned by individuals/groups for profit, quick decisions.
2. **Public Ownership:** Government/public ownership for public welfare, faces bureaucracy.
3. **Cooperative Ownership:** Collective ownership, democratic control, shared profits, emphasizes community benefits, faces challenges in efficiency and scalability.