What is an example of an action taken by the public sector? By the private sector?

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Delilah Le

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2 January, 14:34

What is an example of an action taken by the public sector? By the private sector?

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Lefty · Answer 1

The private sector is the part of the economy not controlled by local, state or federal government. Examples of the private sector are privately owned small businesses, multinational corporations and nonprofits. The private sector provides most of the jobs in a free-market economy.