Question

differentiate between private sector and public sector??​

Answer 1

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.

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Answer 2

Answer:

Question:-

• Differentiate between private sector and public sector??

Answer:-

Public sector:

• 1.It is controlled and managed by the government.

• 2.The main aim of the sector is public welfare.

• 3.The sector provides basic facilities like education, health, food and security to the people. For Example: Railways, Post office, BSNL.

Private Sector:

• 1.It is controlled and managed by an individual or a group.

• 2.The main aim of the sector is to earn profits.

• 3.Private sector does not provide any service at a reasonable rate. For example: Tatas, Birlas, Reliance.

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