Private sector

From Wikinfo

The private sector of a nation's economy consists of those entities which are not controlled by the state apparatus.

Usually, socialists seek to create smaller private sectors; while capitalists seek larger private sectors.

Compare public sector, privatization, nationalisation, Non-governmental organization, State-owned enterprise, VEB.

References

• Adapted from the Wikipedia article, "Private_sector" http://en.wikipedia.org/wiki/Private_sector, used under the GNU Free Documentation License