Question

Differentiate between private sector and public sector​

Answer 1

Answer:

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.

Answer 2

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