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What is the difference between private sector and public sector?
Wiki User
∙ 11y ago
The public sector includes governmental entities, usually that part of government that provides services to the public (police, fire, military, public education, etc.) The private sector includes all nongovernmental entities --- individuals, businesses, both publicly held businesses and privately held businesses, etc.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoin public sector have the government share more then the owner and in private sector have less share of government,owner share is more then from government.
like as;
public sector-51 share of govt.and 49 share of owner.
private sector-51 share of owner and 49 share of govt.
Wiki User
∙ 12y agoThe public sector is property of the public and governed by the Constitution of which it operates under. Whatever constitutional restraints are placed upon government officials are restraints in effect while in the public sector. Outside of the public sector is the private sector and here the Constitutional restraints are a matter of rights of the people and as long as a private person is not abrogating and derogating the rights of others there are not other constitutional restraints. Freedom of speech has no force of law while employed for someone else in their private business. No one has forced anyone to be employed and if an employer cares to censor speech it is their right to do so and if an employee can not countenance with this they are free to terminate the term of employment. In the public sector no such censorship can take place.
Wiki User
∙ 9y agoThe private sector is concerned with making a profit at whatever cost. The public sector is mostly concerned with social services.
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Differences between public sector accounting and private sector accounting?
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.
What is the main difference between Public Sector Auditing and Private Sector Auditing?
public sector audit is different from private sector audit
What is the main difference between public sector audit and private sector audit?
public sector audit is different from private sector audit
What is the difference between public sector and private sector and why do government support public sector?
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.
What is the difference between private sector bonds and public sector bonds?
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.
What is the difference between public sector and Private for-profit sector?
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
What is the difference between public and private sector organisations?
Public sector uses public tax dollar and is not subject to the free market
What are the difference between public sector cash management and private sector cash management?
Public sector cash comes from the government (ie the tax-payer) Private sector fund come from donations (either by individuals or businesses)
What is one difference between government corporations and government?
Government agencies are in the public sector while government contractors are in the private sector.
What is the difference between public sector accounting as opposed private sector accounting?
1. The private sector accounting prepared accrual basis but public sector Accounting prepared cash basis. 2. The public sector account fixed assets treated expense but Private sector account fixed assets treated capital. 3. The public sector account analysis report Public but private sector account analysis report not public. 4. The public sector account fixed assets not calculated depreciation but private sector account fixed assets depreciation calculated.
Comparing of private sector and public sector management?
comparison in denture costing between public and private sector
What is one difference between government corporations and government contractors?
Government corporations are in the public sector while government contractors are in the private sector.
