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The public sector is the part of the economy that finances public goods.
Wiki User
∙ 9y ago
Wiki User
∙ 8y agopublic sectors
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Is the part of the economy that involves the transactions of the government?
Public Sector
The public sector is that part of the economy that is made up of individuals and privately-owned businesses?
The sector of the economy which is paid for or operated by the government.
What is the largest part of the us economy?
The largest part of the US economy would have to be manufacturing, including weaponry (from handguns to the general public, up to large weaponry systems for the military of other countries)
How can socialist economics play a major role in the economy than captalist economics?
A true capitalist economy is one in which the government takes no part in the creation and exchange of goods and services. In a true capitalist economy, there are no taxes, no public goods, no regulations on monopolies or quality of a product, no product is illegal to purchase or sell, there are no price limits. The government serves only politically to pass and enforce laws.A socialist economy is one in which the government uses a large progressive tax to provide all the goods and services the society needs. The government controls the economy.In the United States, we have what is known as a mixed economy. We are socialist in that we have a tax system that allows the government to supply public goods and services, such as education, health care, public transportation, national defense. We have regulations on medicine and food, also on monopolies. We outlaw the sale of illegal drugs and harmful substances. We are capitalist in that the government does not provide all of the goods necessary. Unlike in a socialist economy, we let prices be set by sellers based on demand. We also let producers produce as much as they want of anything the is legal. Another thing, we don't ration, or say what a person can or cannot buy.I hope that answers your question.
The Public Works Administration (PWA) helped make improvements to what part of the nation's economy?
infrastructure and jobs
What part of economy finances public goods?
public sectors
Is the part of the economy that involves the transactions of the government?
Public Sector
What public works helped make improvements to what part of the nations economy?
infrastructure and jobs
The public sector is that part of the economy that is made up of individuals and privately-owned businesses?
The sector of the economy which is paid for or operated by the government.
The Public works administration helped make improvements to what part of the nations economy?
infrastructure and jobs
How was agriculture a problem in the economy?
In the early 1900's many farmers were overproducing which meant they were flooding the economy with their goods. Farmers were then slowly decreasing the price of their goods so that the government had to intervene with groups such as The Agricultural Adjustment Act, which paid farmers not to farm. Agriculture was, back then, a major part of the economy.
What is the largest part of the us economy?
The largest part of the US economy would have to be manufacturing, including weaponry (from handguns to the general public, up to large weaponry systems for the military of other countries)
How can socialist economics play a major role in the economy than captalist economics?
A true capitalist economy is one in which the government takes no part in the creation and exchange of goods and services. In a true capitalist economy, there are no taxes, no public goods, no regulations on monopolies or quality of a product, no product is illegal to purchase or sell, there are no price limits. The government serves only politically to pass and enforce laws.A socialist economy is one in which the government uses a large progressive tax to provide all the goods and services the society needs. The government controls the economy.In the United States, we have what is known as a mixed economy. We are socialist in that we have a tax system that allows the government to supply public goods and services, such as education, health care, public transportation, national defense. We have regulations on medicine and food, also on monopolies. We outlaw the sale of illegal drugs and harmful substances. We are capitalist in that the government does not provide all of the goods necessary. Unlike in a socialist economy, we let prices be set by sellers based on demand. We also let producers produce as much as they want of anything the is legal. Another thing, we don't ration, or say what a person can or cannot buy.I hope that answers your question.
The Public Works Administration (PWA) helped make improvements to what part of the nation's economy?
infrastructure and jobs
The Public Works Administration (PWA) helped make improvements to what part of the nation's economy?
infrastructure and jobs
Why is the government important to our economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
Why is government important to the economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
