distinguish between private sector and public sector
Answers
Explanation:
The primary difference between public- and private-sector jobs is that public-sector jobs are generally within a government agency, whilst private-sector jobs are those where employees are working for non-governmental agencies.
While both public and private sectors use budgets as a key planning tool, public bodies balance budgets, while private sector firms use budgets to predict operating results. The public sector budget matches expenditures on mandated assets and services with receipts of public money such as taxes and fees.
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The difference between private sector and public sector is that Private sector banks can be defined as banking institutions where the majority of the shares are held by the private equity holders whereas public sector banks can be defined as banking institutions where the majority of the stake is owned by the government.