Difference between primary and public sector in economics
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Heya....
@@ Primary Sector in economy....
It is the sector having all the activities related to primary level of functions....
The products of these activities serves as final product or also raw materials....
Example,,, farming, mining, forestry, animal husbandry etc....
@@ Public sector in economy....
It is the sector that is govern or control by govt directly.....
The motive of these sector are to for social welfare....
Example,, govt hospitals, public parks, railways....
@@ Primary Sector in economy....
It is the sector having all the activities related to primary level of functions....
The products of these activities serves as final product or also raw materials....
Example,,, farming, mining, forestry, animal husbandry etc....
@@ Public sector in economy....
It is the sector that is govern or control by govt directly.....
The motive of these sector are to for social welfare....
Example,, govt hospitals, public parks, railways....
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Public sector refers to government-owned organizations and government-provided services.
Private sector refers to 1) organizations that are not government owned, and 2) the goods and services provided by organizations outside of the government. For example, companies owned by individuals are part of the private sector. Even the largest corporation with its common stock publicly-traded on the New York Stock Exchange is part of the private sector.
Private sector refers to 1) organizations that are not government owned, and 2) the goods and services provided by organizations outside of the government. For example, companies owned by individuals are part of the private sector. Even the largest corporation with its common stock publicly-traded on the New York Stock Exchange is part of the private sector.
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