Professional Documents
Culture Documents
Public Sector
Public Sector
Lena Węglarz
Key facts
To ensure the well-being of society as a whole, the public sector provides essential goods and
services to the general public. Depending on the political and economic systems, the size and
scope of the public sector might differ from country to country. In certain nations the public
sector is larger and more active in providing goods and services, whereas in others, the private
sector is dominant.
Advantages
● Public sector organisations provide goods and services for people regardless of their
income or social standing.
● Addressing pressing issues such as poverty, inequality and prejudice
● Economic stability
● National security
● They help increase economic growth
Disadvantages
1. Executive agencies
2. Independent agencies
3. State-owned enterprises
4. Public-private partnerships
5. Local governments
6. Nonprofit organisations
Examples
● government-run hospitals
● Department of Education
● Environmental Protection Agency
● NASA
● public transportation services
● schools
Bibliography
https://www.bbc.co.uk/bitesize/guides/zpx7gdm/revision/1
https://www.wallstreetmojo.com/public-sector/