Private, Public and Voluntary Sector

1. UNIT 207 & 208
Task 1 - Digital Project

2. Private Sector
■ Private Sector is composed of organizations that are privately owned and not part of
the government.These usually includes corporations which are both profit and non-
profit, and partnerships.
■ For example, Small and Medium-sized Businesses such as retail stores; Large
Multinationals such as Apple andTrade Unions such as British ColumbiaTeachers’
Federation all operate in the private sector.
– Small and Medium-sized Businesses: To make a profit in the private sector, small
businesses must offer customers products and services that that public wants or
needs.These type of businesses make their revenue by depending on profits.
– Trade Unions: These are organizations of workers dedicated to protecting
members' interests and improving wages, hours and working conditions for all.
Like many other organizations, union costs are paid by member dues. Most
unions have paid staff to manage their operations.While some staff may be paid
by union dues, members also often volunteer.
– Large corporations: Large corporations also generate revenue by depending on
profits. The funding for the private sector is raised by private investors sale of
goods and services.

3. Public Sector
■ The Public Sector is usually comprised of organizations that are owned and operated
by the government and exist to provide services for its citizens. Similar to the
voluntary sector, organizations in the public sector do not seek to generate a profit.
■ Examples of organizations within the public sector include:
– Police Services
– Social Services
– Education organizations ( Libraries,Schools)
■ Funding for organizations in the public sector are usually raised through a variety of
methods, including taxes, fees, and through financial transfers from other levels of
government or loans.This means that the public pay for these organizations no matter
how much or how little they use them.The government decides how much tax the
public should pay to support the public sector.

4. Voluntary Sector
■ TheVoluntary Sector is usually comprised of organizations whose purpose is to benefit
and enrich society, often without profit as a motive and with little or no government
intervention.Within this sector, money raised or earned by an organization in the
voluntary sector is usually invested back into the community or the organization itself.
■ Examples of organizations within the public sector include:
– Faith-based organizations (Churches, Mosques, temples)
– Charities (Oxfam,Trinity Hospice)
– Advocacy Groups (British Deaf association, Animal Aid)
■ Funding for organizations in the voluntary sector, usually comes from donations from
individuals, charitable trusts, corporations or foundations.Gifts and donations are a
particularly important source of income for charities and can attract tax relief.