public versus private management of water resources

Public management of water resources means government agencies oversee water supply, ensuring it is accessible, safe, and affordable for all. Private management involves private companies operating water services for profit, often aiming to improve efficiency and innovation. Public systems prioritize equity and public health, while private systems focus on cost-effectiveness and customer satisfaction. Both approaches aim to meet community needs, but they differ in control, objectives, and accountability. The choice between them depends on factors like economic conditions, transparency, and the specific needs of a community.