8. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships
9.
10. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships
Cooperatives
11.
12. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives
13.
14. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives
Private Limited Companies
15.
16. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives
Private Limited Companies
Public Limited Companies
17.
18. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives Local and Municipal Authorities
Private Limited Companies
Public Limited Companies
19.
20. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives Local and Municipal Authorities
Private Limited Companies
Public Limited Companies
Conglomerates
21.
22. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives Local and Municipal Authorities
Private Limited Companies
Public Limited Companies
Conglomerates
Multinational Corporations
23.
24. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives Local and Municipal Authorities
Private Limited Companies Government Departments
Public Limited Companies
Conglomerates
Multinational Corporations
25.
26. Private and Public Sectors
Sole Proprietorships State Corporations
Partnerships Nationalized Industries
Cooperatives Local and Municipal Authorities
Private Limited Companies Government Departments
Public Limited Companies
Conglomerates
Multinational Corporations
Franchises
27. The Private Sector
• The private sector refers to the part of the
economy that is owned and controlled by
private individuals and firms.
• The main objective of private sector
businesses is to earn maximum profits
29. The Public Sector
• The public sector refers to operations in
the economy that are undertaken by the
government.
• Unlike the private sector, public sector
businesses are primarily concerned with
providing services for the benefit of the
country.
30. Services provided by the public
sector include
• Education
• Health
• Public utilities (for example water)
• Postal services
• Road Construction and Maintenance
• Police services