private sector
Definition
Part of national economy made up of, and resources owned by, private enterprises. It includes the personal sector (households) and corporate sector (firms), and is responsible for allocating most of the resources within an economy. See also public sector.
private sector is in the Economics, Politics, & Society subject.
private sector appears in the definitions of the following terms:
standards bodies,
public sector,
public utility,
money supply,
crowding out,
Cadbury rules,
Global Information Infrastructure Commission (GIIC),
non governmental organization (NGO),
pump priming,
International Finance Corporation (IFC)
and
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