Private sector: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Collins Dictionary & Investopedia: https://www.collinsdictionary.com/dictionary/english/private-sector, http://www.investopedia.com/terms/p/private-sector.asp) |
imported>Doug Williamson (Expand and link with Public company.) |
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*Is not owned or controlled by the government; and | *Is not owned or controlled by the government; and | ||
*Consists of organisations established to make a profit. | *Consists of organisations established to make a profit. | ||
The private sector includes both private equity and 'public' companies. | |||
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* [[Private equity]] | * [[Private equity]] | ||
* [[Profit]] | * [[Profit]] | ||
* [[Public company]] | |||
* [[Taking private]] | * [[Taking private]] | ||
* [[Third sector]] | * [[Third sector]] | ||
Revision as of 18:30, 3 September 2017
The private sector is the part of the economy which:
- Is not owned or controlled by the government; and
- Consists of organisations established to make a profit.
The private sector includes both private equity and 'public' companies.
