Question on: SS1 Economics - Distinction Between Private And Public Companies

Differentiate between private and public companies. 

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The different features between a private and public company is enumerated below:

I. Private Companies:

  • Owned by a small group of individuals or a single person

  • Not publicly traded

II. Public Companies:

  • Owned by the general public through shares of stocks

  • Publicly traded on stock exchanges

 

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