Geography, asked by punith12342, 6 months ago

Define the following
1)private sector
2)public sector ​

Answers

Answered by manasgupta2506
2

Answer:

The private sector or enterprise are the businesses that are owned by a private group or an individual. Different types of businesses under private enterprises are a partnership, sole proprietorship, cooperative, and company.

The sector or enterprises are the businesses that are owned and controlled by the government. Here, a company can be partially or completely managed by the central or state government and participate in many economic activities of a nation.

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Answered by ssasreeja
0

What is Private Enterprise?

The private sector or enterprise are the businesses that are owned by a private group or an individual. Different types of businesses under private enterprises are a partnership, sole proprietorship, cooperative, and company.

What is Public Enterprise?

The sector or enterprises are the businesses that are owned and controlled by the government. Here, a company can be partially or completely managed by the central or state government and participate in many economic activities of a nation.

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