Question

what do you mean by private sector give some examples

Answer 1

Answer:

Explanation:

Private Sector:-

Private Sector is ownership of assets and the delivery of services lie in the hand of individual or private campaniles.

Some Private sector campaniles are Hindustan Unilever, TISCO, etc.

Private Sector industries mainly deal with agriculture, trade, hotels, manufacturing of goods, etc

Another type of sector:-

Public sector or government sector - This sector is mainly owned by the government.

Some Public sector industries are Indian Railways, BHEL, etc.

Answer 2

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AnSwer :

Private sector :

★ It is the part of economy.

★ It is controlled by the individuals and companies for profit purposes.

★ It is not under the control of state ,that is, government has nothing to do with.

★ Ex - Designers, Developers, Partnerships like Accounting and Tax, Large Multinationals like Apple and Tesla.

Extra Information :

Another sector so called as Public Sector is under the control of state and Government. It is composed of public services and public enterprises. Examples include Schools, Library, Emergency services, etc.

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