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Public debt refers to the money owed by the government, while private debt is the money owed by individuals or businesses. Public debt can impact the economy by affecting interest rates, government spending, and investor confidence. Private debt can impact the economy by influencing consumer spending, investment, and overall economic stability. Both types of debt can have significant effects on economic growth and financial stability.

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What is the difference between the private and public sectors of your economy?

Public sectors are funded by the government


The difference between a command economy and a demand economy?

A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.


What are the key differences between private debt and public debt, and how do they impact the overall economy?

Private debt is money borrowed by individuals or businesses from private sources such as banks or investors, while public debt is money borrowed by the government from the public through the issuance of bonds. The key difference is that private debt is used for personal or business purposes, while public debt is used to fund government spending. Private debt can impact the economy by affecting consumer spending and business investment, while public debt can impact the economy by influencing interest rates, inflation, and government spending priorities. Both types of debt can have implications for economic growth and stability.


Mixed economy?

A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.


What is the difference between US economy and Cuba's economy?

The US has a modified free market economy where most economic decisions are made by the private sector subject to public policy concerns such as zoning, pollution control, workplace safety, etc. Cuba has a central or 'command' economy where nearly all economic decisions are made by the government; some very small private businesses are allowed to operate, such as barbers, auto repair, etc.

Related Questions

What is the difference between the private and public sectors of your economy?

Public sectors are funded by the government


The difference between a command economy and a demand economy?

A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.


What is the difference between personal and private question?

there is no difference


What is the difference between private stafford and plus student loans?

What is the difference between private stafford and plus student loans?


What is difference between private sector and private limited companies?

None.


The difference between private and public administration?

Public is open, private is closed.


What is the important difference between public and private administration?

Public is the opposite of private.


What are the key differences between private debt and public debt, and how do they impact the overall economy?

Private debt is money borrowed by individuals or businesses from private sources such as banks or investors, while public debt is money borrowed by the government from the public through the issuance of bonds. The key difference is that private debt is used for personal or business purposes, while public debt is used to fund government spending. Private debt can impact the economy by affecting consumer spending and business investment, while public debt can impact the economy by influencing interest rates, inflation, and government spending priorities. Both types of debt can have implications for economic growth and stability.


What is the difference between state and private exchange?

The main difference between state and private exchanges under the Affordable Healthcare Act is that state exchanges are run by the government, and private exchanges aren't.


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.


Mixed economy?

A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.


What is the difference between a Private Placement Memoradum and an Offering Memorandum?

They are the same. There is no difference.