Question

state any four future of public sector and private sector

Answer 1

Answer:-

$\huge{ \bold{Public \: Sector:-}}$

=> It is controlled and managed by the government.

=> The main aim of the public sector is public welfare.

=> Public sector provide basic facilities like health, education etc to the people.

=> For example :- the Indian railways, post office ,BSNL.

$\huge{ \bold{Private \: Sector:-}}$

=> It is controlled and y by individual's or a group of individuals.

=> The main aim of private sector is to earn maximum profit.

=> Private sector provide consumer goods to the people.

=> For example: - The relaince , TISCO

THANKS

Answer 2

Public sector refers to government-owned organizations and government-provided services.

Private sector refers to 1) organizations that are not government owned, and 2) the goods and services provided by organizations outside of the government. For example, companies owned by individuals are part of the private sector.