setor particular
[se-TOR par-ti-ku-LAR]
nounmasculinepl: setores particulares
private sector
1. the part of the economy run by private individuals or companies rather than by the government
The private sector has been investing heavily in renewable energy projects.
O setor particular tem investido fortemente em projetos de energia renovável.
2. businesses and organizations that are not owned or operated by the state
Employment in the private sector has grown significantly this year.
O emprego no setor particular cresceu significativamente este ano.
In Brazilian Portuguese, 'setor particular' is the standard economic term referring to the private sector, often discussed in contrast with 'setor público.' The term is frequently used in news, business, and political discourse when discussing economic policy, investment, and job creation. In Portugal, 'setor privado' is more commonly used, though 'setor particular' is also understood.
Related Idioms & Phrases
parceria público-privada (PPP) - public-private partnership
desenvolvimento do setor particular - development of the private sector
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