Public sectors are owned and/or serviced by the government. Private sector businesses are owned by individuals and do not pay a direct dividend to the government.
Ownership of the public sector of a certain country is shared equally by all citizens of that country. There should be certain laws that specify how does the PS get revenues and how does it spend...
Private Sector are generally small business organizations run by private individuals or groups (not shareholders) and are not listed in the Stock Exchange. Private companies are also unregulated by a...
The public sector is property of the public and governed by the Constitution of which it operates under. Whatever constitutional restraints are placed upon government officials are restraints in...