what is public and private sector?
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Private sector. Public sector. The private sector refers to all those occupations and economic activities which are owned and controlled by individuals. The public sector refers to all those occupations and economic activities which are owned and controlled by the government.
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The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. ... Companies and corporations that are government run are part of what is known as the public sector, while charities and other nonprofit organizations are part of the voluntary sector.
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