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.

News containing the term private sector

Loading...



http://www.businessdictionary.com/definition/private-sector.html


Enter your email address to get our free Term of the Day newsletter!

private sector is...

... in the subject
Economics, Politics, & Society

Nearby Terms

Popular 'Economics, Politics, & Society' Terms

Search volume for private sector

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z