0
Distinction between Public Enterprises and Private Enterprises
The following are the fundamental difference between public enterprises and private enterprises.
Public Enterprises
- These are established with the objective of rendering service to the people.
- It minimizes concentration of wealth in the hands of few persons.
- These are formed with social interest.
- it prevents regional imbalanced growth of industries.
- It is free from exploitation motive and as such the consumers and the employees are given a fair dealings.
- There is no shortage of capital to undertake risky and costly projects.
- It undertakes all sorts of industries irrespective of its nature.
- It can be operated on large scale and can attain gigantic size.
Private Enterprises
- These are established with the predominant objective of earning profit.
- It lends to concentration of wealth in the hands of few persons.
- These are formed with personal interest.
- It develops regional imbalances in the growth of industries.
- It is not free from exploitation motive and the consumers and the employees are not given a fair dealings.
- It feels insufficiency of capital to undertake risky and costly projects.
- It undertake those consumer goods industries where profit earning scope is high.
- It can be operated on large scale and cannot attain gigantic size.
Wiki User
∙ 12y ago
Melasco Gh
Add your answer:
Earn +20 pts
Mixed economy?
A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.
What is the difference between the private and public sectors of your economy?
Public sectors are funded by the government
What is the difference between public and private real estate?
The difference between public and private real estate is that there are more perceived risks with public real estate versus private real estate. There are a few factors that fall into how one is perceived as more of a risk than the other.
What is the differences between public wants and private wants in business?
The main difference between public wants and private wants in business is the key words private and public. Private is personal clientele and their personal needs such as jets, hotels, and restaurants. Public wants are governments costs, marketing, and such.
What purposes can a government serve in a market economy?
to protect the public and preserve private enterprises
What is the different between private and public enterprises?
nxilile
The difference between private and public administration?
Public is open, private is closed.
What is the important difference between public and private administration?
Public is the opposite of private.
Can public limited liability company be classified as private enterprises?
Yes it can. Private Enterprises are "Enterprises" in the "Private Sector", which include publicly listed companies.
What is the difference between public and private sectors aims and objectives?
private anf public
Mixed economy?
A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.
What is the difference between public and private speaking?
Public speaking is to a general audience. Private speaking is to certain individuals.
What are the Differences between public nuisance and private nuisance?
Well ask yourself what the difference between "public" and "private" is. This isn't rocket science!
What is a difference between public private partnership and private public partnership?
No, both refer to joint efforts by private companies and governmental bodies.
What is the difference between the private and public sectors of your economy?
Public sectors are funded by the government
What is difference between public and private bank?
public bank is state owned banks whereas private banks are owned by private individuals or entities.
What is the difference of public finance from private finance?
the different between public and private wants is on the financial means availlable and on the budgeting procedure
