they made efforts to build a free-market economy, or an economy in which producers compete freely for consumers' business.
Capitalism is an economic system in which individuals and private businesses run most industries
Private sector
Private sector
Businesses are owned by either the private sector, or businesses are state owned. It means that the British government does not own it; private individuals own it.
In Capitalism, businesses are owned by private individuals, corporations, or share holders depending on the company.
Capitalism
Nationalization.
Small businesses employ about 50 percent of all private sector workers. Home-based businesses account for 53 percent of all small businesses. The latest figures show that small businesses create 75 percent of the net new jobs in our economy.
Private relief help is provided by individuals and businesses. Public relief help is provided by the government through public taxes.
Public sectors are owned and/or serviced by the government. Private sector businesses are owned by individuals and do not pay a direct dividend to the government.
Private sources refer to funds or resources that come from individuals, businesses, or organizations rather than from government or public entities. These sources often include donations, investments, or grants from private individuals or entities to support various initiatives or projects.
Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.