Public sector, Private sector and mixed economy

----------- is an example of private sector

• Railways

• Grocery shops

• Sewage system

• Infra structure

A percentage of money taken from individuals or businesses is referred to as

• property tax

• income tax

Which of the following is not a type of business in the Private sector?

• Limited Company (LLCs)

• Local Government

Government organizations are a part of the ______________ sector.

• public

• private

What is the main aim of the Private sector?

• To provide essential services such as hospital care

• To maximise profits

Jim maintains his family by using his private vehicle for hire.

• private

• public

Agri. co., an agricultural company that grants loans to farmers, is controlled by the state.

• private

• public

A public transport company that is funded by taxpayers.

• private

• public

Airlines, tour operators, hotels, theme parks, car hire companies, theatres, shops, restaurants and any organisation that is aiming to make a profit belongs to which type of travel and tourism organisation?

• Private

• Public

• Voluntary

Which of these is NOT an objective of the private sector?

• Making a profit

• Delivering excellent customer service

• Having a good sustainability record

• informing and training public about events and activities