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Understanding Business
Sectors Of Economy - Public sector
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Niamh
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Cards (2)
Sectors of the Economy: Public Sector - Owned by
taxpayers.
Controlled/run by
government
,
local
council, by an elected council party. Financed by
tax
, local council taxes, Government
funding.
Business Objectives - Public Sector Organisations
Cut
costs
Serve the
public
interest
To work within
budgets
given
To make good use of
taxpayers
money