differentiate between private sector and public sector.
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Explanation:
Public Sector vs Private Sector Head to Head Differences
Public Sector refers to the part of the Country's overall economy which is controlled by the Government or various Government bodies. Private Sector refers to the part of the Country's overall economy which is controlled by Individuals or Private Companies.
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Public sector refers to that sector which is owned ,run and managed by government .
Explanation.
{•} Public sector is run by government.
{•} Public sector main motive is to provide services to general public
{•} Public sector is accountable to general public.
{•} Public sectors are railways,post office..etc
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Private sector refers to that sector which is owned,run and managed by private persons..
Explanation
(•) Private sector is run by private persons.
(•) Private sector main motive is to earn profits.
(•) Private sector is not accountable to anyone.
(•) Private sector are TISCO, Reliance, Infosys..etc..
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