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to provide public goods and services to its citizens.
The public sector is the part of the economy that finances public goods.
uk is mix economy.
Public sectors are funded by the government
In a socialist society, various political systems may be combines with public control of the economy.
Why the public sector becomes involve and intervene in the economy
to provide public goods and services to its citizens.
Socialism is not considered a mixed economy. Socialism is defined as a system based on public ownership of the means of production, self-management in enterprises, and production for use instead of production for private profit. There are two types of socialism: planned economies and market socialism. A mixed economy usually refers to a type of capitalism where the government intervenes in markets to affect economic outcomes, or engages in some minor indirect economic planning. Mixed economies are heavily capitalist: profit-driven enterprise is the dominant form of organization, most firms are privately-owned, and markets are still the primary way of coordinating the economy.
The public sector is the part of the economy that finances public goods.
Representatives
Because governments usually intervene in the economy based on the selective requirements of the public .
To influence public policy.
An indirect technique used to influence public policy is lobbying. It is an attempt to sway business and government leaders to create a law or conduct an activity.
To influence public policy.
To influence public policy.
public sectors
uk is mix economy.