Want this question answered?
Be notified when an answer is posted
The private sector is that part of business and commerce that is not run by the Government
Corporate sector is the part of the economy that is made up of companies. It is a private sector.
Private sector
Private sector
Is a private sector
private
Microsoft is in the private sector.
Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.
Private sector are things that are owned by people. Public sector are things that are owned by the government.
They are the wages paid to employees in the private sector.
Oh, dude, Cadbury is actually owned by Mondelez International, which is a public company. So, technically, Cadbury is part of the public sector because its parent company is publicly traded on the stock market. But hey, who really cares as long as they keep making those delicious chocolate bars, right?
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.