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प्रश्न
Mention two important differences between Public Sector and Private Sector.
Distinguish between Public and Private sector (Four points)
उत्तर
| Sr. No | Public Sector | Private Sector |
| 1 | All the tools of production are owned, managed, and controlled by the government. | All the tools of production are owned, managed, and controlled by private individuals. |
| 2 | The goal of the public sector is to promote social welfare. | Profit generation is the primary goal of the private sector. |
| 3 | Jobs in public sector are stable and secure. | Jobs in private sector are relatively not stable and secure. |
| 4 | The public sector engages in tasks such as defense and water supply. | The private sector is involved in activities such as clothing and food outlets. |
Notes
Students should refer to the answer according to their questions.
संबंधित प्रश्न
The policy of converting public ownership of an asset to private ownership is ______.
What is Privatization?
State three reasons why privatization is not always desirable.
______ implies an introduction of private ownership in public sector enterprises.
Explain any two reasons for privatisation.
What is meant by the Privatisation of public sector industries?
Give two reasons for privatisation of public sector units in India.
Define privatisation.
List three ways in which the government can undertake privatisation.
Citing reasons state the superiority of Public sector over privatization.
