TOP

Definition of the private sector noun from the Oxford Advanced American Dictionary

 

the private sector

 noun
noun
 
[singular]
 
jump to other results
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 raises Topic CollocationsThe Economymanaging 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 U.S./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 defense/education budget
  • increase/boost/slash/cut public spending
  • increase/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
compare public sector
See the private sector in the Oxford Advanced Learner's Dictionary