What is the meaning of private sector?

That portion of the economy composed of businesses and households, and excluding government. See: public sector.

Barry Goldsmith
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APABarry Goldsmith. (2010). private sector. Retrieved September 22, 2026, from http://smartdefine.org/private_sector/definitions/1161196
ChicagoBarry Goldsmith. 2010. "private sector" http://smartdefine.org/private_sector/definitions/1161196 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, private sector, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/private_sector/definitions/1161196>.
MLABarry Goldsmith. "private sector" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/private_sector/definitions/1161196>
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