answersLogoWhite

0


Best Answer

The private sector is more flexible and creative than a monolithic government-run economy, if the experice of the Cold War era is to be our guide; it is also capable of destructive and unrestrained greed and short-sightedness, as more recent economic events have shown.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the advantages and disadvantages of the private sector?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are advantages and disadvantages of private warehouses?

Advantages of private warehouses include complete control over operations, security of goods, and flexibility in customization. Disadvantages may include high initial investment costs, ongoing maintenance expenses, and potential underutilization of space during off-peak periods.


Advantages and disadvantages of banking sector?

n


What are the advantages and disadvantages of diversified manufacturing sector?

no


Advantages and disadvantages of commitment basis of accounting in public sector?

Yes


What are some advantages and disadvantages of postal service being a private sector?

The most advantage from postal service being in the private sector is that it would ensure faster, customer-friendly service to the common people. However, the public utility service i.e. Postal Service being in the hands of the private sector, they would not hesitate to enhance postal fees on frequent occasions.


What are Advantages and disadvantages of computer in banking sector?

The advantages of computers in the banking sector include accuracy, speed and the opportunity to notice trends. Observing this can allow beneficial and directed interactions grooming customers. The disadvantage is that customers are now numbers, not people.


Advantages and disadvantages of private FM broadcasting?

what is the disadvantage of commercial broadcasting


Advantages and disadvantages of private company?

dont khow guys sorry


What are the advantages and disadvantages of deregulation in Nigeria?

Deregulation brings about efficiency in the oil sector as a result of heathy competitiin.


What are the advantages and disadvantages of voluntary sector?

no pay obviously Errr... No PAY because we are gready and we want money!


What are the advantages and disadvantages of privatising a university?

one of the advantages of the private universities is that you can communicate more and you can have the lecture repeated more than one time....... one of the disadvantages of the private universities is that it isn't practical with more than 20 students


What are the benefits of private insurance?

There are advantages and disadvantages to private insurance. It's costly is one major disadvantage. This website is a good recap. http://www.ehow.com/about_5336889_advantages-disadvantages-private-insurance.html