In private sector, activities are guided by the motive to earn money, i.e. operate by capitalist standards.
A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector.
In some cases, usually involving multinational corporations that can pick and choose their suppliers and locations based on their perception of the regulatory environment, local state regulations have resulted in uneven practices within one company.
In some cases, industries and individual businesses choose self-regulation by applying higher standards for dealing with their workers, customers, or the environment than the minimum that is legally required of them.
In the early 1980s, the Corrections Corporation of America pioneered the idea of running prisons for a profit.