Business Studies, asked by manojkr15081983, 11 months ago

basis of difference between public and private sector

Answers

Answered by Anonymous
2

Answer:

The private sector comprises of business which is owned, managed and controlled by individuals. On the contrary, public sector comprises of various business enterprises owned and managed by Government. Such organizations are either fully or partly owned by the center or state and come under the separate ministry.

Answered by tiger2625
9

public sector - the industries which are managed and owned by government is called public sector

example , Bhillai Steel Plant

private sector - the industries which are managed and owned by an individual or some corporate body is called private sects

example , Iron and Steel Company

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