Economy, asked by filixanil, 8 months ago

private sector is charactirized by​

Answers

Answered by gopikapolajr
0

The main feature of the private sector is its management by private individuals without government involvement, but there are more features of the private sector: Profit motive. Private ownership and control. No state participation.

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Answered by queensp73
2

Hello !

Private sector enterprises are characterised by ownership and management in private hands, personal initiative and profit motive.

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