Information about the businesses working in the private and public sector
Answers
The private sector comprises of business which is owned, managed and controlled by individuals.
On the contrary, public sector comprises of various business enterprises owned and managed by Government. Such organizations are either fully or partly owned by the center or state and come under the separate ministry. Some of the public sector organizations are set up by a special act of Parliament.
A cut-throat competition between both the sectors, to prove itself better over the other sector. So, the article attempts to outline the differences between public sector and the private sector in tabular form.
Answer:
in businesses working in private sector we say that we can take a loan from a bank to open a private businesses this is called private sector
in businesses working in public sector we say that we can take a permission form the government to open a businesses and government will give money of this businesses this is called public sector
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