Social Sciences, asked by rsolanki5696, 10 months ago

define Private sector ​

Answers

Answered by crazyLoRaX
2

here is your answer mate

the part of the national economy that is not under direct state control.

"the government had hoped to make the private sector take over nuclear power stations"

hope it helps

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Answered by Anonymous
0

Explanation:

The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government. Companies and corporations that are government run are part of what is known as the public sector, while charities and other nonprofit organizations are part of the voluntary sector.

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