Advertisements
Advertisements
Question
Write a short note on Private sector.
Short Note
Solution
- The segment of a national economy that is owned, controlled, and managed by private individuals or enterprises is known as the Private sector.
- The private sector companies are divided on the basis of sizes.
- They can be created in two ways, i.e. either by the formation of a new enterprise or by the privatization of any public sector enterprise.
shaalaa.com
Introduction of Public and Private Sector
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
The main function of private sector is to create ______ and ______.
Example for export Promotion Earning industry is ______.
Nehru’s vision was carried forward by ______.
The Joint sector companies – Example ______.
STC is a ______.
What is a mixed economy?
The life cycle of the people increases due to ______.
Heavy and basic industries refer to ______.
The largest public sector employer in India is ______.
Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:
Decision taking.
