2006-10-13 03:53:04 · 10 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
public is run by the government, private by anyone else
2006-10-13 03:54:30 · answer #1 · answered by Jiggy_O 2 · 1⤊ 1⤋
Your description of the public sector is flawed. It isn't the public workers to decide the services the people need and/or want, it's the elected representatives that do. The problem with pubic sector unions (not workers) is that they support selected politicians in their elections or reelections. These are then the ones that the unions work with in their collective bargaining, this collusion leaves no checks and balances in preventing runaway concessions to the public sector unions. The party that is effected by all this, the taxpayers, are left out of the equation. This is unlike private sector unions. The same people the union is bargaining with are the same people that are effected by any concessions given. If bad decisions are made by management, the company suffers. If bad decisions are made by public service managers, they don't suffer. Government rarely goes bankrupt. As for corporate executives making big bucks, so what? Taxpayers aren't paying for it. However, the benefits and wages public sector workers get are paid for by the taxpayers.
2016-05-21 22:50:02 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Public - Government - paid for by the tax-payer - major changes requires voters approval - non-4-profit. Examples: Public Schools, Internal Revenue Service, Sheriffs office, Firemen, Road workers.
Private - Corporations, Small Companies, Non-for -Profit Organizations - OWNERSHIP - Profit oriented (except 4 charitable organizations) - pays money to the Public sectors - only owners (stock) can vote for how private sector works. Examples: Coca-Cola (Corp), Real-Estate Agents (Small Business), Churches/Red - Cross (Non-for Profit).
2006-10-13 04:08:16 · answer #3 · answered by Giggly Giraffe 7 · 0⤊ 0⤋
Private Sector
A business that is engaged in private enterprise and that is free from government ownership.
public sector
The part of the economy controlled by the government
2006-10-13 03:57:48 · answer #4 · answered by razzyrascal 3 · 0⤊ 0⤋
Public Sector: Helping people is priorty while profit comes second
Private Sector: Profit comes first while helping public is second
2006-10-14 16:25:36 · answer #5 · answered by razawar 2 · 1⤊ 0⤋
a private sector is exactly what it says. so small family newsagents to big companies, providing they are owned by the people. while public sector on the other hand is own by the government i.e schools, fire service, police...
2006-10-13 03:58:09 · answer #6 · answered by twiggy 2 · 0⤊ 0⤋
Public we pay for. They get their money what ever happens. Private is the man in the street putting his money and his sanity on the line to make a few shillings. Public = big pensions we pay for. Private = small pensions as the government taxed them to pay for the public ones.
2006-10-13 04:02:32 · answer #7 · answered by deadly 4 · 0⤊ 0⤋
private sector is based on profit
public sector is based on taxation
2006-10-13 06:28:33 · answer #8 · answered by Conservative 5 · 1⤊ 0⤋
Private sector is run by privet people ie any Tom .Dick .and Harry.. public sector is run by the morons in the Government. using your tax money ...
ie ..tesco virgin. all your shops all your stores .all your factory's is run independently privet owners
NHS ..DHS..prisons arm forces ..state run..
2006-10-13 04:41:58 · answer #9 · answered by JJ 7 · 0⤊ 0⤋
google it, neophyte.
2006-10-13 04:00:46 · answer #10 · answered by Artemis 2 · 0⤊ 6⤋