private sector

private sector
the area of the nation's economy under private rather than governmental control. Cf. public sector.
[1950-55]

* * *

noun [singular]
: the part of an economy which is not controlled or owned by the government

The private sector is growing.

private-sector businesses/gains

— compare ↑public sector

* * *

the ˌprivate ˈsector [private sector] noun singular
the part of the economy of a country that is not under the direct control of the government

•

to work in the private sector

•

private-sector pay rises

Collocations:
The economy
Managing the economy
handle/run/manage the economy
boost investment/spending/employment/growth
stimulate demand/the economy/industry
cut/reduce investment/spending/borrowing
reduce/curb/control/keep down inflation
create/fuel growth/demand/a boom/a bubble
encourage/foster/promote/stimulate/stifle innovation/competition
encourage/work with/compete with the private sector
increase/boost/promote US/agricultural exports
ban/restrict/block cheap/foreign imports
the economy grows/expands/shrinks/contracts/slows (down)/recovers/improves/is booming
enjoy an economic/housing/property boom
Economic problems
push up/drive up prices/costs/inflation
damage/hurt/destroy industry/the economy
cause/lead to/go into/avoid/escape recession
experience/suffer a recession/downturn
fight/combat inflation/deflation/unemployment
cause/create inflation/poverty/unemployment
create/burst a housing/stock market bubble
cause/trigger a stock market crash/the collapse of the banking system
face/be plunged into a financial/an economic crisis
be caught in/experience cycles of boom and bust
Public finance
cut/reduce/slash/increase/double the defence/(especially US) defense/education/aid budget
increase/boost/slash/cut public spending
increase/put up/raise/cut/lower/reduce taxes
raise/cut/lower/reduce interest rates
ease/loosen/tighten monetary policy
balance the (state/federal) budget
achieve/maintain a balanced budget
run a ($4 trillion) budget deficit/surplus
more collocations at ↑politics, ↑voting

Useful english dictionary. 2012.

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