public sector

n (Government, Politics & Diplomacy) the part of an economy that consists of state-owned institutions, including nationalized industries and services provided by local authorities. Compare private sector

Translations

public sector

government sector

that part of the economy concerned with the transactions of the government. Government receives income from TAXATION and other receipts and influences the workings of the economy through its own spending and investment decisions ( GOVERNMENT EXPENDITURE) and through its control (via MONETARY POLICY and FISCAL POLICY) of the spending and investment decisions of other sectors of the economy. The public sector together with the PERSONAL SECTOR, FINANCIAL SECTOR, CORPORATE SECTOR and FOREIGN SECTOR make up the national economy. See CIRCULAR FLOW OF NATIONAL INCOME MODEL.

public sector

That portion of the economy consisting of the government and corporations owned by the government. Contrast with private sector.

单词	public sector
释义	public sector public sector n. The part of the economy that is controlled or funded by the government. public sector n (Government, Politics & Diplomacy) the part of an economy that consists of state-owned institutions, including nationalized industries and services provided by local authorities. Compare private sector Translations public sector public sector the part of an economy that consists of state-owned institutions, including nationalized industries and services provided by local authorities public sector public sector or government sector that part of the economy concerned with the transactions of the government. Government receives income from TAXATION and other receipts and influences the workings of the economy through its own spending and investment decisions ( GOVERNMENT EXPENDITURE) and through its control (via MONETARY POLICY and FISCAL POLICY) of the spending and investment decisions of other sectors of the economy. The public sector together with the PERSONAL SECTOR, FINANCIAL SECTOR, CORPORATE SECTOR and FOREIGN SECTOR make up the national economy. See CIRCULAR FLOW OF NATIONAL INCOME MODEL. public sector That portion of the economy consisting of the government and corporations owned by the government. Contrast with private sector. AcronymsSeepop shot
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