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Names: Sabrina Celis
Ignacio Dumenes
Sigrid Valenzuela
Matias Vergara
Dilan Vidal
Grade: 3º E
Date: 02 October, 2017
Private sector refers to the segment of the economy that is not directly controlled or operated by agencies and organizations administered by the government.
The private sector is made up of companies that operate for profit. The private sector encompasses all for-profit enterprises
Private companies are governed by economic benefit objectives and compete to outperform other companies offering similar goods and services.
Is the main generator of jobs and investment. promotes economic growth and poverty reduction, plays an attractive role for social welfare.
-Look for a profit.
-It can be constituted by a physical or moral person.
-It seeks to attract investment and technology from other countries.
-Is made up of all companies independent of the government, with Mexican or foreign capital, as lon as they have hearquarters in the country .
Figures for 2011
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Conclusion
As a conclusion we can say that the private sector generates much of the work in the national territory. This provides that Chile is one of the countries of Latin America that presents the best labor and economic development, making it more attractive for migrants and tourists. The private sector maintains favorable working conditions for Chilean citizens, which causes more people to migrate from public to private work in the last time.