Distinguish between private and public sector
Answers
Answered by
1
public sector includes things available for the people
private sector includes things use for private work
private sector includes things use for private work
Answered by
13
Public Sector:
→ Set up by the government.
→ Mostly large scale
→ Main motive is to provide jobs and to manufacture goods.
→ Not focused on obtaining a profit.
Examples: NALCO (National Aluminium Company)
Private Sector:
→ Set up by individuals or group.
→May be large scale or small scale
→ Main motive is to produce goods and satisfy goals
→ Focused on obtaining a profit
Examples: Alstom private limited.
→ Set up by the government.
→ Mostly large scale
→ Main motive is to provide jobs and to manufacture goods.
→ Not focused on obtaining a profit.
Examples: NALCO (National Aluminium Company)
Private Sector:
→ Set up by individuals or group.
→May be large scale or small scale
→ Main motive is to produce goods and satisfy goals
→ Focused on obtaining a profit
Examples: Alstom private limited.
Similar questions