Question

What is the purpose of the Private sector?​

Answer 1

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.

Answer 2

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✌️✌️