Any company that is owned by individuals and not by the state.
For example:
-Coca Cola
-McDonald's
-Nikes
-IKEA
and some state companies are:
-General Motors
-Japan Airlines
Jesse
Prostitutes, drug dealers, and everything else not owned by the state.
If this is for school try listing Mcdonalds and Walmart.
I believe private sector is households interacting with businesses
I believe private sector is households interacting with businesses
Private sector is all personal businesses. Public sector is government run businesses.
CItizens and businesses
Businesses are owned by either the private sector, or businesses are state owned. It means that the British government does not own it; private individuals own it.
A company that provides both private and public services, these are the service industries transport, dentists, doctors, and so on.
Private sector
Private sector
-Telecommunications -Banking and insurance -Publishing and broadcasting
encompasses all 'for profit' businesses that are not owned by the government.
Small businesses employ about 50 percent of all private sector workers. Home-based businesses account for 53 percent of all small businesses. The latest figures show that small businesses create 75 percent of the net new jobs in our economy.
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.