Question

is public sector and territory sector is same​

Answer 1

no both are different ........

Answer 2

Answer:

no both are not same

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Explanation:

The tertiary sector is inside the For-profit or Business sector; it is tertiary behind the primary (raw materials) and secondary (production, encompassing both the manufacturing and service sectors). The tertiary sector is B2B (for example, companies that produce price optimization software to improve productivity and profitability in the retail sector).

The Public sector is government, especially the large regulatory bureaucracies that oversee social justice issues like access, and includes the legislative functions and the courts. Taxation is the funding mechanism for the Public sector, just as sales is the funding mechanism in the For-profit sector.

The Third sector (not to be confused with the tertiary sector) is Nonprofit organizations, funded variously, but in the U.S. and western countries, primarily by charitable donations. In most of the developing world, this sector is referred to as NGOs, Non-Governmental Organizations, since there is usually no tax-free status for these organizations outside the west.

The use of the term, “sector” in the above answers can be quite confusing. I feel your pain.

The main economic sectors are thus 1.) For-profit or Business; 2.) Public or Government; and, 3.) Nonprofit or NGOs. Terms like “primary” and “service” sectors are inside the Business sector, and should, perhaps be labelled sub-sectors. (But they never have been and likely never will be.)