Public Sector

The public sector refers to the part of the economy that is controlled and operated by the government. It includes services and organizations funded by taxpayers, such as schools, hospitals, police, and public transportation. The primary goal of the public sector is to provide essential services and promote the welfare of the population, rather than to make profit. It plays a crucial role in ensuring access to services that benefit society as a whole, especially for people who may not be able to afford them in the private sector.