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The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money, i.e. operate by capitalist standards. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. [1]
This is a list of the world's largest non-governmental privately held companies by revenue.This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others.
Private sector development (PSD) is a term in the international development industry to refer to a range of strategies for promoting economic growth and reducing poverty in developing countries by building private enterprises. This could be through working with firms directly, with membership organisations to represent them, or through a range ...
The number of companies, or cutoff, for each Sector Leaders list differs based on the total number of companies in that sector. So for example, there are more financials-sector companies on the ...
Private sector by country (10 C). Business intelligence (10 C, 40 P) + Primary sector of the economy (8 C, 1 P) Secondary sector of the economy (27 C, 33 P)
An economic system that 1) contains a large private sector where privately run businesses are the backbone of the economy, and 2) a business surplus is controlled by the owners, is referred to as capitalism. This contrasts with socialism, where the industry is owned by the state or by all of the community in
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
1946 Coal industry under the National Coal Board with the Coal Industry Nationalisation Act 1946. [75] 1946 Bank of England - its private shareholders who were bought out by the state. [76] 1947 Central Electricity Generating Board and area electricity boards. Privatized in the 1990s. [77]