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Any business which is own by the country as a whole
and run on behalf of the people. Aims to give a service
and is financed and controlled by the government
Any business which is owned by private investors.
Private sector is any part of the economy which is both
run for private profit and is not controlled by the state.
This sector is also free from any government ownership
or involvement.
The voluntary sector consists of those companies which are not for profit and are not agencies for the government. These include not only charities, but also small voluntary groups, housing associations, universities and colleges and NHS Trusts.