what is private sector and public sector
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Public sector enterprises are companies owned, and entirely or partially controlled by the government of a country. ... Private sector enterprises are owned and controlled by a private group of individuals or even a single entity.
Definition: It is a section of a nation’s economy that is owned and controlled by a priv...
Areas generally covered: Financial sectors, information technology, mining corporati...
Basis of Comparison: Private Sector Organisations
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Private sector-The part of the national economy that is not under direct state control.
Public sector-The part of an economy that is controlled by the state.
Explanation:
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