Question 18) Using examples from your area compare and contrast the activities and functions of private and public sectors.

Question 18) Using examples from your area compare and contrast the activities and functions of private and public sectors.- Hosting Precise

Posted on 11th Sep 2021 08:29:18 in

Question 18) Using examples from your area compare and contrast the activities and functions of private and public sectors.

Ans:

Public sector :-

The government owns most of the assets and provides all the services.
The decisions regarding production and distribution are taken by the government of the country.
Public sector provides basic facilities like education, health, food and security to the people.
Example :- Indian Railways and the post office etc.

Private Sector :-

The ownership of assets and delivery of services is the hands of private individuals or companies.
The decisions regarding production and distribution are taken by owners or the manager of the country.
Private sector provides consumer goods to the people.
Example :- Reliance Industries Limited and Amul

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