Question

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Define Private Sector Industry.​

Answer 1

Answer:

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The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of enterprise for profit, rather than being owned by the state.

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Answer 2

Answer:

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This type of industry is established by the private sectors. These industries are managed either individually or by private sector organisation. Private sector industries are dominant in the capitalistic countries of the world.