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Private sectors are made up of (generally) small business organizations run by private individuals or groups without shareholders and are not listed in the Stock Exchange.

"Private" refers to their non-shareholder status.

For instance, a public company can become private by having ALL shares in its Stock Exchange purchased by an individual, a small group of investors, or another company that is privately held.
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6y ago
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8y ago

Private sectors are made up of (generally) small businessorganizations run by private individuals or groups withoutshareholders and are not listed in the Stock Exchange."Private" refers to their non-shareholder status.For instance, a public company can become private by having ALLshares in its Stock Exchange purchased by an individual, a smallgroup of investors, or another company that is privately held.Citizens and businesses

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14y ago

a private sector is a company that is not owned or controlled by the goverment

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8y ago

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Q: Define the Concept of private sector?
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