Differentiate between private sector and public sector. Give an e… - Vidyadip

Question

Differentiate between private sector and public sector. Give an example of each sector.

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Answer

Differences between private sector and public sector:

S. No.	Basis	Private sector	Public sector
1.	Concept	Private sector is that part of the economy in which private entrepreneurs operate.	Public sector is that part of the economy in which state acts as an entrepreneur.
2.	Example	Reliance Industries.	Mahanagar Telephone Nigam Limited (MTNL).

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