Private sector

Private sector,

Definition of Private sector:

  1. The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government. Companies and corporations that are government run are part of what is known as the public sector, while charities and other nonprofit organizations are part of the voluntary sector.

  2. The part of national economy made up of private enterprises. It includes the personal sector (households) and corporate sector (companies), and is responsible for allocating most of the resources within an economy. See also public sector.

  3. The part of the national economy that is not under direct government control.

  4. The private sector is the segment of a national economy that is owned, controlled, and managed by private individuals or enterprises. The private sector has a goal of making money and employs more workers than the public sector. A private sector organization is created by forming a new enterprise or privatizing a public sector organization. A large private sector corporation may be privately or publicly traded. Businesses in the private sector drive down prices for goods and services while competing for consumers’ money; in theory, customers do not want to pay more for something when they can buy the same item elsewhere at a lower cost.

Synonyms of Private sector

Private, Public, Non-state-controlled, Non-state-run, Non-public, Private-sector, Private-enterprise, Fee-paying, Commercial

How to use Private sector in a sentence?

  1. Often times, when soldiers return from war zones, they struggle with the reentry to the private sector ; our organization helps with this struggle.
  2. After receiving his military discharge, Ken was anxious to land a job in the private sector and started interviewing with as many companies as he could.
  3. The government had hoped to make the private sector take over nuclear power stations.
  4. Most politicians who retire go into the private sector there is more money to be made with those types of companies because they arent tied down by the public budget of their respective local government.
  5. Private sector businesses can also collaborate with government run agencies in arrangements called public-private partnerships.
  6. The private sector consists of all privately owner, for-profit businesses in the economy.
  7. The private sector tends to make up a larger share of the economy in free market, capitalist based societies.

Meaning of Private sector & Private sector Definition

Private Sector,

Private Sector: What is the Meaning of Private Sector?

You can define Private Sector as, The private sector is part of the economy run by non-profit individuals and companies and is not controlled by the state. Therefore, it includes all non-profit companies that are not owned or operated by the government. Government-run corporations and corporations are part of what is known as the public sector, while charities and other non-profit organizations are part of the voluntary sector.

  • The private sector includes all private non-profit companies in the economy.
  • The private sector forms a large part of the economy in free market capitalist societies.
  • Private sector companies can also work with government agencies through public-private partnerships.

Part of the country's economy is owned and operated by private companies that are not subordinate to the government.

Literal Meanings of Private Sector

Private:

Meanings of Private:
  1. Membership or use of a particular person or group of people.

  2. (Someone) who has no government or public function or position.

  3. (Service or industry) provided or owned by an independent individual or company, not the government.

  4. A low-ranking soldier, especially anyone in the US Army or Marine Corps, is a First Class Soldier.

  5. Means private parties

Sentences of Private
  1. All rooms have their own bathroom

  2. Photos sold to private collectors

  3. Private sector research projects

  4. He joined the army in 1980 and was sent to Germany for the first time as a young soldier as a public service worker.

Synonyms of Private

privately owned, common soldier, particular, exclusive, independent, one's own, personal, individual, privatized, private soldier, special, denationalized

Sector:

Meanings of Sector:
  1. An area or part that is different from others.

  2. A circle or oval and a flat figure surrounded by two rays of an arc between them.

  3. A mathematical instrument with two weapons written on one end and a symbol of life, tangent, etc. Drawing a diagram.

Sentences of Sector
  1. Operations in the South North Sea sector

  2. For example, Figure 4a shows the three circles formed by the sectors and rectangles in Figure 3A.

Synonyms of Sector

precinct, locality, borough, side, zone, neighbourhood, part, quarter, district, section

Private Sector,

Private Sector:

The private sector is the part of the economy that is run by for-profit individuals and companies and is not controlled by the state. This includes all non-profit companies that are not run by the government. State-owned companies and corporations enter the so-called public sector, while charities and other non-profit organizations volunteer.

  • The private sector includes all non-profit private companies in the economy.
  • The private sector is a major part of the economy in a free market capitalist society.
  • Private sector companies can also work through contracts with government agencies called public-private partnerships.

The definition of Private Sector is: The part of the country's economy that is run and managed by private companies is not controlled by the government.

Literal Meanings of Private Sector

Private:

Meanings of Private:
  1. Owned or used by a particular person or group of people.

  2. (Of a service or industry) provided or owned by individuals or independent businesses, not by the state.

  3. The lowest rank in the armed forces, below the corporal or private first class.

  4. Abbreviation for private parties

Sentences of Private
  1. Images are sold to private collectors.

  2. The survey was conducted by the private sector.

Synonyms of Private

digger, Tommy, ranker, trooper, enlisted man, buck private, infantryman, foot soldier, swad, swaddy, squaddie, poilu, sapper, troopie, jawan, Tommy Atkins, grunt, GI

Sector:

Meanings of Sector:
  1. One area or part is different from another.

  2. A flat shape surrounded by two circular or oval specks and an arc separating them.

  3. A mathematical tool consisting of two arms that are stated at one end, representing graphs of signs, tangents, etc.

Synonyms of Sector

locale, area, province, region, tract, territory, belt, division

Private Sector,

Private Sector Meanings:

  1. Definition of Private Sector: Marcus Reeves is a writer, editor and journalist. Articles on business and pop culture have appeared in several major publications, including the New York Times, The Washington Post, Rolling Stone, and the San Francisco Chronicle. He is an assistant professor of writing at New York University.

    • The private sector economy includes all non-profit private companies.
    • In a free market capitalist society, the private sector forms a large part of the economy.
    • Private sector companies can also work through contracts with government agencies called public-private partnerships.

  2. The part of a country's economy that is run by private companies is not controlled by the government.

Literal Meanings of Private Sector

Private:

Meanings of Private:
  1. (A person) who does not hold any official or public function or position.

  2. (Of a service or industry) provided or owned by individuals or independent businesses and not by the state.

Sector:

Meanings of Sector:
  1. A flat shape with two circular or oval spokes around it and an arc separating them.

  2. A mathematical instrument with two arms at one end, represents a graph of signs, tangents, etc.