From Wikipedia, the free encyclopedia.
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the State (areas of the economy controlled by the state being referred to as the public sector).
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...
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. Babylon English. section of the economy in which businesses and companies are privately owned.
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 ...
Private-sector synonyms, Private-sector pronunciation, Private-sector translation, English dictionary definition of Private-sector. n. The part of the
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The Hindbrain: Definition, Structures & Function Next Lesson .
Insurance sector gets 'most corrupt' tag from Muhith.
Define private sector: the part of an economy which is not controlled or owned by the government — private sector in a sentence.