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

Public sectors are funded by the government


What are the differences between public and private sectors?

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.


Who owns and controls the factors of production in a mixed economy?

both the government and private sectors


Private sectors are ran by who?

Private sectors are primarily run by individuals or organizations that operate for profit, including entrepreneurs, businesses, and corporations. These entities are owned by private individuals or groups, rather than being controlled by the government. Management teams, boards of directors, and shareholders often play significant roles in decision-making and operations within these businesses. Ultimately, the leadership and ownership drive the strategies and goals of private sector organizations.


What are the various sectors of administration?

The various sectors of administration include public administration, which focuses on government operations and public policy implementation; private administration, which pertains to the management of private sector organizations; and non-profit administration, which involves the governance of non-profit organizations. Additionally, there are sectors like healthcare administration, education administration, and corporate administration, each specializing in the management and operational efficiency of their respective fields. These sectors often intersect, requiring collaboration and coordination among different administrative functions to achieve organizational goals.

Related Questions

What are private sectors?

private sectors are people that pay to eat such as : cafe restaurants cruise ships nightclubs prisons pub holidays


What is the main difference between the public and private sectors?

public sectors lets the public in.public=anyone private sectors only lets people with the sector reserved in. hope i helped :]~kristin


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

Public sectors are funded by the government


Difference between public management and private management?

The main distinction between the private sector and the public sector is principally there ownership. Private sectors are owned by shareholders or entrepreneurs while public sectors are jointly owned by members of political communities. Public agencies are funded by taxation whereas private agencies are funded by the pay of their consumers. Public sectors are controlled by political forces and private sectors are controlled by market forces.


What is the difference between public and private sectors aims and objectives?

private anf public


3 sectors of industry?

there are 3 sectors of industries:- private sector public sector joint sector


What is the association between state and private sectors?

parastutal


Do private sectors pay taxes?

As a general rule, ONLY private sectors pay taxes. Public sectors do not.


What are the differences between public and private sectors?

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.


Where does the state of Virginia get its money from?

The private sectors tax revenue


Can you get the information under RTI act from Private sectors?

nio


Private Finance Initiative?

is a method to provide financial support for 'public-private partnerships' (PPPs) between the public and private sectors.