Sectors of Economy

• Private sector 


  consists of business that aim to maximise profits and are owned by private individuals

  Includes from all profit making businesses from small local businesses to multinational companies
• Public sector

  consists of government-owned organisation and agencies which aims to provide a service to society
• Third sector

  consists of organisations that have been set up to provide goods or services to society

  Includes charities, voluntary organisations social enterprises and democratic enterprises