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Well, honey, some ministers want to privatize businesses in the public sector because they believe it can lead to more efficiency and competition. Plus, it can help reduce government spending and bureaucratic red tape. But let's be real, it's also a way for them to cozy up to their corporate buddies and maybe even line their own pockets. Just saying.
What else can I help you with?
What does it mean to privatize an industry?
To privatize an industry mean to transfer ownership of something from the government to the private sector, or to the public, which increases competition.
What is pvt sector?
Private sector is all personal businesses. Public sector is government run businesses.
What is the public and private sector about?
I believe private sector is households interacting with businesses
What is the private and public sector?
I believe private sector is households interacting with businesses
How can one become a public sector?
Public sector are businesses run by the government. Thus to become a public sector you'd have to become part of the government or get a job working for the government.
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 are different between public and private sector?
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.
What is Irans economy based on?
Half of Iran's government and the private sector is half of the Iranian economy. The Iranian government that Iran is trying to privatize it.
What is the difference between private sector public sector?
A private sector in an economy is made up of all businesses and firms owned by ordinary members of the general public. It also consist af all the private households in which people lives..,whereas, public sector in an economy is owned and controlled by a government . It consist of government businesses and firms ,and goods and services provided by the government,such as the national health service, state education, jobs, roads, public parks and law and order. It also has something to do with 1.
The public sector is that part of the economy that is made up of individuals and privately-owned businesses?
The sector of the economy which is paid for or operated by the government.
How is the public sector financed and controlled?
Public Sectors Businesses are owned and financed by the state e.e the government. they are run by a chairperson appointed by the government,
What is the difference between private sector and public sector?
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.
