Question

Differentiate between public and private sector

Answer 1

public sector industries are owned and operated by the government .
example..hindustan aeronautics limited authority of India limited.


join sector industries are owned and operated by an individual or a group of individual.
example..... maruti udyog limited



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Answer 2

Heya

Here is your answer

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Public Sector

 It is a sector that is owned, managed and controlled by the government.

 The main motive of Public Sector is public welfare.

 Prices are determined by a central authority.

 Indian Railways, Bharat Heavy Electricals Ltd. is some examples of Public Sector.

Private Sector

 It is a sector that is owned, managed and controlled by an individual or a group of  individuals.

 The main motive of Private Sector is to earn maximum profits.

 Prices are determined by the market forces of demand and supply.

 Bajaj Autos, Reliance etc. are some examples of Private Sector

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