Introduction;- Invention is conected with every people and country as well, so it is for every one. Every invention requires intelligent people, economic support, passion for inventing something new. Now the question is "are most big inventions funded by the public or private secter". before answering the question we have to know about public secter and private secter.
Public secter:- Public secter is which, who runs by the goverenment and it performing work for the people at large.
Private secter:- Private secter is where the work is performed by some people to own the profit and provided services to the people by their money.
who provide the funds for invention:- As we all know that invention needs intelligence, labour and wealth support as well. Public sector provide money to the scientists by imposing texs upon the people, but in India we have a lack of facilities and less government support that's why most of ours genioues preffer to live in foreign countries because they spends lots of money upon the inventers and scientists, proffessers.
In private sectors, we have same kind of problems, In private sectors, they wants outputs for their work,on the others side inventions needs time money. In private sectors money can be provides to the people for some point of time. It only for some point of time
government, private sector, general public and culture.
The private sector is that part of business and commerce that is not run by the Government
In govt.(india) sector 30,000-1,50,000 Rs monthly and private sector its depended on working experience.
tamilnadu petro products limited
Expected Salary of a Chemical Engineer can start from Rs. 25,000 per month for Freshers and can go up to Rs. 80,000 per month. Actually it depends upon the kind of organization a Chemical Engineer works for. It can be a Private Chemical Consultancy like Coke Oven Consultants or a Public Sector Enterprise like Haldia Petrochemicals. Usually, it has been noticed that Chemical Engineers get to earn well in their field especially after spending some years in service.
The public sector is a government (city, state, national); the private sector is a business. Public sector jobs are publicly-funded (by taxes, for instance) whereas private sector jobs depend on the revenue of the business
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.
The NHS is a public sector organistion, funded by the taxpayer and with the main goal of providing a service (as opposed to generating a profit as is the case with organisations in the private sector).
Private sector are things that are owned by people. Public sector are things that are owned by the government.
private
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.
the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.
Is a private sector
The public sector can learn efficiency and innovation from the private sector, while the private sector can learn about accountability and transparency from the public sector. Both sectors can benefit from sharing best practices in areas such as customer service and resource management.
Government is public sector. Corporations and partnerships are Private sector. The government wants to support both the public and private sector to improve the economy and well-offness of the people it serves.
Private schools teachers are private sector.Public schools = public sector. simple
public sector audit is different from private sector audit