Public sectors are funded by the government
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The main difference between public wants and private wants in business is the key words private and public. Private is personal clientele and their personal needs such as jets, hotels, and restaurants. Public wants are governments costs, marketing, and such.
Are not organized to make a profit
Public goods are non-excludable, so they suffer from a free-rider problem.
Public sectors are funded by the government
private anf public
public sectors lets the public in.public=anyone private sectors only lets people with the sector reserved in. hope i helped :]~kristin
The main distinction between the private sector and the public sector is principally there ownership. Private sectors are owned by shareholders or entrepreneurs while public sectors are jointly owned by members of political communities. Public agencies are funded by taxation whereas private agencies are funded by the pay of their consumers. Public sectors are controlled by political forces and private sectors are controlled by market forces.
is a method to provide financial support for 'public-private partnerships' (PPPs) between the public and private sectors.
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Well ask yourself what the difference between "public" and "private" is. This isn't rocket science!
Public sectors are owned and/or serviced by the government. Private sector businesses are owned by individuals and do not pay a direct dividend to the government.
public means anyone private means certain people that already knew about the corporation
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.
there are 3 sectors of industries:- private sector public sector joint sector