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
KANU

... political party. At Kenyatta's death in August 1978, Vice President Daniel arap Moi became interim President. On October 14, Moi became President formally after he was ...

 
 
 
This page was created in 41.6 ms