Public Sectors Businesses are owned and financed by the state e.e the government. they are run by a chairperson appointed by the government,
Private Sector
The public sector is the part of the economy providing basic good and services which are controlled and maintained by either the federal or local government.
Public Sector Governance deals with the structures and processes by which public organizations are directed, controlled and held to account.
Public Sector banks is a term that is used to refer to a type of bank in India. They deal with stocks and other financial matters ,they are mainly controlled by the government.
public sector
A sector in which the public can budget
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.
it is a charity however it is run as a public limited company
the public sector necessity
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.
Private sector are things that are owned by people. Public sector are things that are owned by the government.
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.