Funding of sector.

• . The Public Sector​ sector​ receives funding from

  • Taxation: The public sector, which includes government departments and services, is primarily funded through taxation. Governments collect taxes from individuals and businesses and allocate these funds to provide public services such as healthcare, education, infrastructure, and defence.​
• The private sector​ sector​ receives funding from

  • Equity Financing: Private sector businesses can raise capital by selling ownership shares (equity) to investors. This can include venture capital (those with potential) or by going public through an initial public offering (IPO) from private companies​
  • Debt Financing: Businesses can also secure funding by taking on debt, such as loans from banks or issuing corporate bonds. They repay this debt with interest over time​
• Non-profit sector​ receives funding from

  • Donations and Grants: Non-profit organisations often rely on donations from individuals, corporations, and foundations. They may also seek grants from government agencies or philanthropic organizations.​
  • Fundraising: Non-profits frequently engage in fundraising activities like charity events, online crowdfunding, and membership drives to secure financial support.​
• 2 main ways that the healthcare sector is funded in the UK?​

  • Health Insurance: Individuals and employers typically pay for healthcare services through health insurance premiums, which contribute to funding the healthcare sector.​
  • Government Funding: We also have government-funded healthcare systems that are financed through taxation (the NHS)​
•  2 main ways that the education is funded in the UK?​

  • Tuition Fees: Educational institutions, especially at higher levels, often charge tuition fees to students.​
  • Government Grants: Public schools and universities may receive funding from the government to support their operations.