Question

difference between the public sector and private sectors in economy????????????

Answer 1

Answer:

difference between the public sector and private sectors in economy?

The public sector is the part of the economy, where goods and services are provided by the government or local authorities carrying out the task instead. The private sector consists of business activity that is owned, financed and run by private individuals.

Explanation:

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Answer 2

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private sector :- The private sector comprises of business which is owned, managed and controlled by individuals.

public sector :- public sector comprises of various business enterprises owned and managed by Government.

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