what is the purpose of private sector?
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The purpose of private sector is to earn more profit, either by using any type of production activity , they will choose those which renders them maximum profit. Social welfare is about negligance in this sector. They are to produce demanded goods not needed goods. The share is in the hand of private sector, it is controlled/managed by an individual.
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Here is your answer:
The private sector predominates in agricultural and allied activities, manufacturing industries, manufacturing of goods, trade, Hotel etc.
Examples of private sector entities are Hindustan Unilever, Bajaj Auto, Tata Iron and Steel Company Limited (TISCO) , Indian hotels Company Limited etc.
______________
Here is your answer:
The private sector predominates in agricultural and allied activities, manufacturing industries, manufacturing of goods, trade, Hotel etc.
Examples of private sector entities are Hindustan Unilever, Bajaj Auto, Tata Iron and Steel Company Limited (TISCO) , Indian hotels Company Limited etc.
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