A Glossary of Political Economy Terms

by Dr. Paul M. Johnson

Private sector

The part of an economy in which goods and services are produced and distributed by individuals and organizations that are not part of the government or state bureaucracy.

See also:

• private enterprise,
• public sector

A Glossary of Political Economy Terms copyright © 1994-2005 Paul M. Johnson

Department of Political Science, 7080 Haley Center, Auburn University, Auburn, AL 36849