differnce between the public sector and private sector
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1.In Public sector , govt. owns most of the assets and provides all the services.2.Railways,post office,airport,etc. are examples of public sector.3.The purpose of public sector is not just to earn profits.
1.In Private sector, the ownership of assets and delivery of services is in the hands of private individuals or companies .2.Companies like TISCO,Reliance Industries Limited, dabur,etc. are privately owned .3. the motive of private sector is to earn profits.
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1.In Private sector, the ownership of assets and delivery of services is in the hands of private individuals or companies .2.Companies like TISCO,Reliance Industries Limited, dabur,etc. are privately owned .3. the motive of private sector is to earn profits.
I hope it's helps u alot plZ marks as brilliant answer.
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heya it's Aastha.....
Public sector
◆ the main of this sector is public welfare .
◆ it is controlled nd managed by government
◆ the sector provides basic facilities like education , health food and security .
Private sector:-
● the main aim of this sector is to earn maximum profit .
● it is controlled and managed by an individual or a group of individual .
● the sector provides consumers goods to the people .
Public sector
◆ the main of this sector is public welfare .
◆ it is controlled nd managed by government
◆ the sector provides basic facilities like education , health food and security .
Private sector:-
● the main aim of this sector is to earn maximum profit .
● it is controlled and managed by an individual or a group of individual .
● the sector provides consumers goods to the people .
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