In the private sector, ownership of assets and delivery of services is in the hands of ____.

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In the private sector, ownership of assets and delivery of services is in the hands of private enterprises. TATA is an example of the private sector because it manufactures goods or products using raw materials from the primary industry. Ownership of assets and service delivery is in private enterprises' hands in the private sector. The private sector mainly works for profit, or we can say that it is the profit-oriented sector. And the public sector works for the welfare of the nation. These two sectors are precisely opposite to each other. The private sector does not work for the interest and exploits human and natural resources.

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