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comparison in denture costing between public and private sector
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.
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
Private Sector
In the public sector, most of the services and production is aimed at making the lives of the public better and not really about profit making. Public sector also seeks to meet demand for services that would be impossible for one private sector investor to profitably provide.
Prvate sector ( the main aim is to make profit)
The public sector provides services that would ordinarily be too expensive for an individual investor to provide. The private sector is however open for any producer or investor to provide competitive services to make a profit.
well firstly in a mixed economy, you hv both private sector and public sector (govt/ State). the MAIN obj of the mixed econmy is the private sector are their for self interest (profit) the public sector is their for the good of the nation hope it helped :)
Private sector are things that are owned by people. Public sector are things that are owned by the government.
private
The private sector consists of businesses and organizations that are privately owned and operated for profit, while the public sector includes government-owned and operated organizations that provide public services. Private sector companies aim to generate profit and are driven by market competition, while public sector organizations focus on providing services to the public.
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.