Private sector 251540 224149702 2008-07-07T15:24:12Z Natl1 2868677 Reverted edits by [[Special:Contributions/80.193.172.70|80.193.172.70]] to last version by 70.146.70.141 (using [[WP:HG|Huggle]]) {{Economic sectors}} In [[economics]], the '''private sector''' is that part of the economy which is both run for private [[profit]] and is not controlled by the [[state]]. By contrast, enterprises that are part of the state are part of the [[public sector]]; private, non-profit organizations are regarded as part of the [[voluntary sector]]. ===Legal status=== A variety of legal structures exist for private sector business organizations, depending on the jurisdiction in which they have their legal domicile. Individuals can conduct business without necessarily being part of any organization. In countries where the private sector is regulated or even forbidden, some types of private business continue to operate within them. The private sector focuses on the needs of the shareholders. ===Employment=== The private sector employs the majority of the workforce in some countries.{{Fact|date=July 2007}} In some countries such as the [[People's Republic of China]], the [[public sector]] employs most of the workers. <ref>{{cite web |author=Joe Zhang |title=China’s private sector in shadow of the state |url=http://news.ft.com/cms/s/efebf320-34ff-11da-9e12-00000e2511c8.html |publisher=ft.com |accessdate=2007-07-06}}</ref> ==Statistical Organizations == *[[Eurostat]] *[[United Nations]] Statistics Division - [http://unstats.un.org] *[[UNESCO]] Institute for Statistics - [http://www.uis.unesco.org] *[[OECD]] Statistics Division - [http://www.oecd.org/statistics] *[[PARIS21]] [http://www.paris21.org] *[[International Association for Official Statistics]] (IAOS) [http://www.stats.govt.nz/iaos/], a section of the [[International Statistical Institute|ISI]] [http://isi.cbs.nl/] *[http://cs3-hq.oecd.org/scripts/stats/source/alpha.asp?Let=INT Worldwide statistical sources] ==See also== * [[Free enterprise]] * [[Private law]] * [[Company law]] [[ar:قطاع خاص]] [[es:Sector privado]] [[fr:Secteur privé]] [[id:Swasta]] [[nl:Private sector]] [[pl:Sektor prywatny]] [[fi:Yksityinen sektori]] [[sv:Privat sektor]]