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Q.

The main objective of the private sector is to:


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a

Earn profit

b

Ensure welfare

c

Support govt

d

Entertain   

answer is A.

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Detailed Solution

The main objective of the private sector is to earn profit.
The private sector is the area of the economy that is not held by the government but rather by private parties, typically as a way of establishing for-profit or nonprofit. It is sometimes referred to as the citizen sector. The economy includes the private sector. In certain nations, the private sector employs the majority of the workforce. Activities in the private sector are driven by the desire to make money, that is, to earn profits.
 
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