Economics Dictionary of ArgumentsHome
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| Private Sector - Economics Dictionary of Arguments | |||
| Private sector: The private sector in economics refers to the part of the economy that is owned and operated by private individuals or businesses, rather than the government. It includes all for-profit organizations, such as corporations, small businesses, and entrepreneurs. The private sector is driven by market forces, competition, and the pursuit of profit, contrasting with the public sector, which is government-controlled. See also Business, Firms, Government, Public sector, Government policy._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Alchian, Armen A. | Private Sector | Alchian, Armen A. | |
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Authors 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 Concepts 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 Ed. Martin Schulz, access date 2025-12-08 | |||
