Differentiate between the public sector and private sector by giving examples. -SST 10th

1 Answer

Answer :

In the public sector, the government owns most of the assets and provides all the services. In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies. Railways and Post Office is an example of the public sector whereas companies like Tata Iron and Steel Company Limited (TISCO) and Reliance Industries Limited (RIL) are in private sector.

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