Economy, asked by namanp18, 6 months ago

Differentiate between public sector and private sector . with examples .​

Answers

Answered by nehaimadabathuni123
3

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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