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Public Sector

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Public Sector:

-          is owned and controlled by the government

-          run along similar lines as a command economy

-          government decides what, how, and for whom to produce

-          aim to provide a service for the welfare of the population

-          e.g. roads, education, healthcare, telecommunications, electricity and water.

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by: Admin
Total views: 810
Word Count: 389
Date: Sun, 21 May 2006 Time: 12:00 AM
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