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What is the difference between public finance and fiscal finance?
Wiki User
∙ 11y ago
The main objective of private finance is to allow the flow of cash among all the components of an economy so that uniform economic growth can be achieved. The private funding not only helps the government but all the citizens of a nation as they can avail of borrowed capital for various personal and commercial requirements. This sector focuses on two important aspects of financial resources such as profitability and liquidity.
Finance is utilized by almost every individual (personal finance), commerce (corporate finance), by government bodies (public finance) and by a huge range of institutions engrossing school, colleges, and all the non-profit institutions. Usually, the objectives of each of the above mentioned commotional bodies are attained by the utilization of proper financial implementations, along with systematic contemplation of their organizational backdrop.
Wiki User
∙ 12y ago
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What are similarities between public finance and private finance?
the private is here to absorve profit which the public secte is not.
