What Is the Private Sector? - Definition & Examples


Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The private sector is made up of companies that provide goods and services for people _____.

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. One main difference between the private sector and the public sector is that _____.

2. An example of a public sector agency is _____.

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

The private sector is the part of an economy not run by government agencies or organizations.This quiz and corresponding worksheet gauges your understanding of how the private sector operates. Topics you'll need to know to pass the quiz include the definition of private sector and the relationship between private and public sectors.

Quiz & Worksheet Goals

In these assessments you'll be tested on the following:

  • The definition of private sector
  • Objectives of the private and public sectors
  • Identifying public sector agencies
  • Examining economic and societal balances between private and public sectors

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related business law lesson
  • Distinguishing differences - compare and contrast topics from the lesson, such as private sector agency and public sector agency
  • Knowledge application - use your knowledge to answer questions about the objectives of private sector companies

Additional Learning

To learn more about private sector businesses, review the corresponding lesson called What Is The Private Sector? - Definition & Examples. This lesson covers the following topics:

  • Definition of public sector and voluntary sector
  • The private and public sector's relationship
  • Examples of life in each sector