Question

difference between public and private sector

Answer 1

pls refer to the screenshot of ppt

Answer 2

●♡  Heya user...!!  ●♡

Here is ur answer..!!

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Public sector : Industries that are owned by the state or its agencies.

Private sector :  Industries that are owned by individuals or firms formed by individuals.

PUBLIC SECTOR  V/S  PRIVATE SECTOR :

PUBLIC SECTOR  :

• In this sector, the government owns most of the assets and provides all the services.

• The purpose of this sector is not first to earn profits but to promote to public welfare.

• Example : Railways , post offices . life insurance corporation, etc..

PRIVATE SECTOR :

• In this sector , ownership of assets and delivery of services is in the hands of private individuals or companies.

• The sole object of this sector is to earn profits.

• Examples : Tata Iron and Steel Company limited , Reliance industries etc..

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I Hope this may help u..!!

@Be Brainly..!!

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