Question

write five differences between public sector and private sector​

Answer 1

Answer:

Explanation:

Public sectors

1) They provide job security to

workers

2) It has proper working hours.

3) Working conditions are good

4) They do not discriminate women in

terms of wages

5) For ex government organisation

Private sectors

1) These are run by private

individuals

2) They do not provide proper

working hours

3) Job security is not provided

4) They are not paid properly

5) For ex private companies.

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Answer 2

☆ Private sector ☆

■ The private sector comprises of business which is owned, managed and controlled by individuals.

■private sector enterprises are established with the profit motive.

■ This sector gain importance

■ Private Sector companies enjoy less government interference.

■In the private sector working environment is quite competitiv.

☆ Public sector ☆

■ public sector comprises of various business enterprises owned and managed by Government.

■ Public sector are either fully or partly owned by the center or state and come under the separate ministry.

■ The section of a nation's economy, which is under the control of government, whether it is central, state or local, is known as the Public Sector

■Public Revenue like tax, duty, penalty etc.

■ Public sector provide Job security, Retirement benefits, Allowances, Perquisites etc.