public sector
DefinitionThe part of the economy concerned with providing basic government services. The composition of the public sector varies by country, but in most countries the public sector includes such services as the police, military, public roads, public transit, primary education and healthcare for the poor. The public sector might provide services that non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service (such as public education), and services that encourage equal opportunity.
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public sector is ...
... part of the Economy subject.
... part of the Economy subject.
Related Terms
public sector appears in the definitions of these other terms on BusinessDictionary.com
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