Question

privat sector and public sector ​

Answer 1

PUBLIC SECTOR

Public Sector encompasses the companies, enterprises or businesses wherein Government is the owner of the business by way of a majority shareholding in the business. These businesses are controlled, managed and operated by Government.

Companies owned, controlled, managed and being operated by Government/Government Bodies comes under the public sector.

PRIVATE SECTOR

Private Sector includes those companies, enterprises or businesses which are owned by Private Individuals or Private Companies. The companies in the Private Sector are controlled, managed and operated by Private Individuals/Private