Question

what is the difference between public sector and private sector..?​

Answer 1

Public sector:

1.It is controlled and managed by the government.

2.The main aim of the sector is public welfare.

3.The sector provides basic facilities like education, health, food and security to the people.

4.For Example: Railways, Post office, BSNL.

Private sector:

1.It is controlled and managed by an individual or a group.

2.The main aim of the sector is to earn profits.

3.Private sector does not provide any service at a reasonable rate.

4.For example: Tatas, Birlas, Reliance.

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Answer 2

$\sf{\underline\blue{public sect:-}}$

The public sector is the part of the economy composed of both public services and public enterprises.

$\sf{\underline\blue{private sector:-}}$

The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of enterprise for profit, rather than being owned by the state.