Encyclopedia > Private sector

Article Content

Private sector

Economists regard the private sector as that portion of the economy which may operate relatively untrammeled by state or other levels of government. Corporations epitomise the private sector, claiming to exhibit ownership by "private" individuals - and thus greater efficiency[?].

Compare public sector[?], nationalisation, Non-governmental organization, State-owned enterprise[?], VEB

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Royalist

... or adjective, Royalist, can have several shades of meaning. At its simplest, it refers to an adherent of a monarch or royal family. Of the more specific uses of the ...