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Is the part of the economy that involves the transactions of the government?
Public Sector
The economy of the US is best described as?
The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
What part of the economy finances public goods?
The public sector is the part of the economy that finances public goods.
Which part of the economy involves the transactions of individuals and businesses?
Private sector
What part of the economy involves the transactions of individuals and businesses?
Private sector
Is the part of the economy that involves the transactions of the government?
Public Sector
The economy of the US is best described as?
The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
What part of the economy finances public goods?
The public sector is the part of the economy that finances public goods.
Which part of the economy involves the transactions of individuals and businesses?
Private sector
What part of the economy involves the transactions of individuals and businesses?
Private sector
What is the difference between public sector and private sector and why do government support public sector?
Government is public sector. Corporations and partnerships are Private sector. The government wants to support both the public and private sector to improve the economy and well-offness of the people it serves.
Why the public sector becomes involve and intervene in the economoy?
Why the public sector becomes involve and intervene in the economy
What sectors of the economy provides the most savings?
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 are the objectives of mixed economy?
well firstly in a mixed economy, you hv both private sector and public sector (govt/ State). the MAIN obj of the mixed econmy is the private sector are their for self interest (profit) the public sector is their for the good of the nation hope it helped :)
Are the macroeconomic goals of employment growth and stability best met by the public sector or private sector?
Macroeconomics goals are best met by the public sector as they are the driving force of the economy.
What are the 4 sectors of economy?
1) PRIMARY SECTOR OF THE ECONOMY: Involves the extraction and production of raw materials, such as corn, coal, wood and iron. (A coal miner and a fisherman would be workers in the primary sector.) 2) SECONDARY SECTOR OF THE ECONOMY: Involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. ( A builder and a dressmaker would be workers in the secondary sector.) 3) TERTIARY SECTOR OF THE ECONOMY: Involves the provision of services to consumers and businesses, such as baby-sitting, cinema and banking. ( A shopkeeper and an accountant would be workers in the tertiary sector.) 4) QUATERNARY SECTOR OF THE ECONOMY: Involves the research and development needed to produce products from Natural Resources. ( A logging company might research ways to use partially burnt wood to be processed so that the undamaged portions of it can be made into pulp for paper.) Note that education is sometimes included in this sector.
