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What is another word for the private sector?

Pronunciation: [ðə pɹˈa͡ɪvət sˈɛktə] (IPA)

"The private sector" refers to businesses or organizations that are not controlled by the government. It is a term that is often used in discussions about the economy and job creation. Synonyms for "the private sector" include the business community, the corporate world, the commercial sector, and the non-governmental sector. Other terms that are sometimes used to refer to this sector of the economy are the for-profit sector and the market economy. When discussing government policies that affect the private sector, terms like regulations, deregulation, and taxation are also commonly used. Regardless of what term is used, the private sector is an important driver of economic growth and innovation.
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Synonyms for The private sector:

What are the hypernyms for The private sector?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    the business sector, the corporate sector, the entrepreneurial sector, the free market.

Famous quotes with The private sector

  • The important thing for the survival of the Thai society is that the majority of those who work, both in the government and the private sector, still strive to work in the same direction; this is why the Thai nation still stands.
    Bhumibol Adulyadej
  • Most of our funding goes to organizations and is then used to leverage the private sector.
    Jane Alexander
  • People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.
    Norman Ralph Augustine
  • If I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months.
    Evan Bayh
  • I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.
    George W. Bush

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