public sector
The 'public sector' encompasses all government-controlled or funded entities, playing a crucial role in providing essential services and managing resources.
🇺🇸 US Voice:
🇬🇧 UK Voice:
Definition
B2Economics
(technical)The part of an economy that is controlled or funded by the government, including public services and state-owned enterprises.
Example
- Public sector employees often have different benefits compared to those in the private sector.
C1Government
(academic)Entities and services managed by governmental bodies, such as public utilities and government agencies.
Example
- The government is planning to increase funding for the public sector to improve infrastructure.
Similar
Terms that have similar or relatively close meanings to "public sector":