The private sector is a part of the country's economy that is not under state control. The private sector is formed by households and firms owned by private capital.
The private sector of the economy is divided into corporate, financial and individual sectors of the economy.
See also
Three-sector model of the economy:
- Primary Sector
- Secondary sector of the economy
- Tertiary Sector
Other classifications:
- The real sector of the economy
- Public sector
- External sector of the economy
Links
- Rumyantseva E.E. New Economic Encyclopedia. - M.: INFRA-M, 2006 .-- VI, 810 c.