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Public sector comprises of companies or enterprises that are run by the government. ... Private sector comprises of companies or enterprises run by individuals or groups of individuals & the government has no control over it. It is mainly run for profit
Venice and Florence emerged as key centers of trade in the Mediterranean, based on the trade of silk, cotton, wool and spices. The Italian city-states were the bridge between the Byzantine Empire, Western Europe, North Africa and the Middle East.
Vertical integration is a form of business organization in which a company controls the supply chain from acquisition of raw materials, to manufacturing, to end sales. In history, vertical integration was a form of industrial organization. One common effect of vertical integration was that it made supplies more reliable and thus, improved efficiency. It took over and controlled the quality of the product at all stages of production
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9/11 and the great recession
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