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EntityQ591763· pop 36· linked from 1,974 articles

private sector

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Also known as citizen sector, private initiative

sector of the economy run by non-state entities

~3 min read

Encyclopedic overview

The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government.

Employment

Excerpted from Wikipedia’s “private sector” article, available under the CC BY-SA 4.0 licence.