Geography, asked by rithikesh38, 6 months ago

What is the purpose of the Private sector?​

Answers

Answered by ak971254
0

Answer:

here is your answer dear hope it helps you.

Explanation:

  1. the main objective is to maximise profit.
  2. private sector plays an important role to reduce budgetary deficit of india.
  3. it helps the government to curtail the public expenditure.
  4. all the profit making private sector units earned huge surpluses to raise additional resources to enhance economic growth.
Answered by rajm91241
20

The purpose of the private sector has a goal of making money and employs more workers than the public sector. A private sector organization is created by forming a new enterprise or privatizing a public sector organization. A large private sector corporation may be privately or publicly traded.

Explanation:

Hope it helps you mate✌️✌️

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