Differentiate between private sector and public …

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Differentiate between private sector and public sector ?

Posted by Bhimchandrai Murmu 6 years, 6 months ago

CBSE > Class 10 > Social Science

2 answers

Sia ? 6 years, 6 months ago

Basis	Private Sector	Public Sector
Concept	Private sector is that part of the economy in which private entrepreneur operates.	Public sector is that part of the economy in which state acts as an entrepreneur.
Basic objective	Earning Profit.	To serve the citizens of the country.
Areas	Police, Army, Mining, Health, Manufacturing, Electricity, Education, Transport, Telecommunication, Agriculture, Banking, Insurance, etc.	Finance, Information Technology, Mining, Transport, Education, Telecommunication, Manufacturing, Banking, Construction, Pharmaceuticals etc.
Example	Reliance Industries.	Mahanagar Telephone Nigam Limited (MTNL).

1Thank You

Bhimchandrai Murmu 6 years, 6 months ago

Thnxxx yaar.... sia.....

0Thank You

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