Question

Distinguishe between Join sector and private sector​

Answer 1

Answer:

joint sector is the presence of private and public sector whose aim is to strike the balance between social welfare and profit

whereas in private sectors only private companies are present whose aim is to achieve profit

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Answer 2

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☆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.