Economy, asked by rihan93, 1 year ago

which sector is called private public sector? give some examples.

Answers

Answered by parwinder16
2
private public sector is sometimes known as citizens and government sector because it is run by both people of the country and government of that country ex school, parks etc
Answered by kittu5797
4
The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises.

Public services include public goods and governmental services such as the military, police, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications, etc.), public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownershipwhich provide various private goods and services for sale and usually operate on a commercial basis.

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