The part of the economy under the control of private individuals and businesses, rather than the government.

• A. Private sector
• B. Public sector
• C. Mixed economy
• D. International sector

Answer: (A)

The main idea here is who controls the economy. The part of the economy under private individuals and businesses is the private sector—owned and run by private citizens and firms for profit, with decisions driven by private interests rather than the government.

The public sector is the opposite, consisting of government-owned and operated services and enterprises. A mixed economy blends both sectors, with some industries owned by the state and others by private firms. The international sector isn’t about who controls the domestic economy; it relates to cross-border trade and economic activity.

So the description fits the private sector best.