+2 votes
in Economics by kratos

1 Answer

+5 votes
by kratos
 
Best answer

Public sector:

1.It is controlled and managed by the government.

2.The main aim of the sector is public ***.

3.The sector provides basic facilities like education, health, food and security to the people.

For Example: Railways, Post office, BSNL.

Private sector:

1.It is controlled and managed by an individual or a group.

2.The main aim of the sector is to earn profits.

3.Private sector does not provide any service at a reasonable rate.

For example: Tatas, Birlas, Reliance.

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