Question

What is difference between private and government sectors?

Answer 1

$\huge\bold\pink{PRIVATE}$

PRIVATE SECTORS ARE THOSE SECTORS WHICH ARE HANDELED BY AN INDIVIDUAL OR A COMPANY.

EXAMPLE : TATA ETC.

$\huge\bold\blue{GOVERNMENT}$

GOVERNMENT SECTORS ARE THOSE SECTORS WHICH ARE ORGANISED BY GOVERNMENT.IT IS ALSO KNOWN AS PUBLIC SECTOR.

EXAMPLE : STATE BANK OF INDIA ETC.

Answer 2

The difference between private and government sectors

Explanation:

• The public sector consists of organizations that are owned and operated by the government, while the private sector consists of organizations that are privately owned and that do not form part of the government.
• The public sector includes organizations run by federal, state and municipal government bodies whereas Public sector organizations often provide vital services at affordable prices. They include schools, health care facilities and police stations.Anyone paid directly by the government for their work, for example, post office workers, IRS employees and members of the FBI, is also part of the public sector. The private sector includes a variety of corporations and small businesses, like retail stores, restaurants and credit unions.