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Decisions in the public sector are primarily made by elected officials, such as mayors, governors, and legislators, who represent the interests of their constituents. Additionally, appointed officials and bureaucrats within various government agencies implement policies and manage day-to-day operations. Public input, through consultations and feedback mechanisms, can also play a role in shaping decisions. Ultimately, these decisions are guided by laws, regulations, and public interest considerations.
What else can I help you with?
What is it called when individuals and businesses make decisions for private sector and government makes decisions for the public sector?
This concept is known as the division between the private sector and the public sector. In this framework, individuals and businesses operate within the private sector, making decisions based on market dynamics and profit motives, while the government is responsible for the public sector, making decisions aimed at serving the public interest and providing public goods and services. This delineation helps to balance economic efficiency with social welfare.
Why private bank sector are performing better than public bank sector?
Private Sector banks are owned by individuals or a group of individuals who can take policy and business decisions quickly/easily when compared to public sector banks where policy decisions have to be approved by the government of India. Hence private sector bank are able to offer attractive plans and offers to customers and hence are growing at a faster pace than public sector banks.
Why public bank is better than private bank?
Private Sector banks are owned by individuals or a group of individuals who can take policy and business decisions quickly/easily when compared to public sector banks where policy decisions have to be approved by the government of India. Hence private sector bank are able to offer attractive plans and offers to customers and hence are growing at a faster pace than public sector banks.
Who makes decisions in a republic?
Representatives elected by the public.
Are all economic activities really undertaken with consumers in mind?
With the private sector, most definitely. Decisions made by the public sector, however, may not always be profit-motivated.
Is the police a public sector?
public sector
Which branch of government makes decisions on state public safety?
executive
What is public sector budgeting?
A sector in which the public can budget
Why is it necessary for the public sector to exist?
the public sector necessity
Differences between public sector accounting and private sector accounting?
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.
What are private sector and public sector?
Private sector are things that are owned by people. Public sector are things that are owned by the government.
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.
