Using examples from your area compare and contrast that activities and functions
of private and public sectors.
In the private sector, the assets and industries are owned by the individuals whereas in the public sectors, industries are owned by the government. Private sector gives emphasis on earning profits rather than considering the benefits and interests of its employees. The public sector, on the other hand works to provide facilities to the public and to earn profits at the same time. Some common examples of the public sector include banks, hospitals and railways undertaken the government. The common examples of the private sector include IT companies, nails showrooms, etc.
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
In the private sector, the assets and industries are owned by the individuals whereas in the public sectors, industries are owned by the government. Private sector gives emphasis on earning profits rather than considerin...
Step-by-step explanation:
• In the private sector, the assets and industries are owned by the individuals whereas in the public sectors, industries are owned by the government
• Private sector gives emphasis on earning profits rather than considering the benefits and interests of its employees
• The public sector, on the other hand works to provide facilities to the public and to earn profits at the same time
• Some common examples of the public sector include banks, hospitals and railways undertaken the government
• The common examples of the private sector include IT companies, nails showrooms, etc
This question is important because it tests key concepts from the NCERT syllabus and is frequently asked in CBSE exams.
This question is based on core NCERT concepts explained in the chapter and should be revised thoroughly before exams.
Students often lose marks by skipping steps, writing incomplete explanations, or misunderstanding keywords used in the question.
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