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A large private-sector corporation may be privately or publicly traded. Businesses in the private sector drive down prices for goods and services while competing for consumers’ money; in theory...
Private sector definition, the area of the nation's economy under private rather than governmental control.
private sector. definition: The part of the economy that involves the transactions of individuals and businesses. usage: Businesses such as corporations and individual owned businesses make up the private sector.
The private sector is the part of a country's economic system that is run by individuals and companies, rather than the government. The segment of the economy under control of the government is known as the public sector.
Definition of private sector: The part of national economy made up of private enterprises. It includes the personal sector (households) and corporate sector (companies), and is responsible for allocating most of the resources ...
Review of Foreign Direct Investment Policy (FDI) on Insurance Sector.
Define private sector: the part of an economy which is not controlled or owned by the government — private sector in a sentence.
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The private sector...