What is private sector
Answers
Answered by
0
the part of the national economy that is not under direct state control.
Answered by
0
The Private Sector:
▪ In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies.
▪ It is sometimes referred as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled but regulate by the State.
▪ Activities in the private sector are guided by the motive to earn profits. To get such services we have to pay money to these individuals and companies.
Similar questions