the public sector Flashcards

1
Q

identify the three levels of government

A
  1. local government
  2. national government
  3. central government
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2
Q

describe the public sector

A

As you know already the Public Sector is made up of organisations that are Government controlled. They often provide services that a privately run organisation alone might struggle to do fairly or at a profit e.g. Defence or health care.

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3
Q

what is privatisation

A

Privatisation is when a business that is owned by the government is sold to an individual.

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4
Q

what is the difference between privatisation and nationalisation

A

Privatisation is when a business that is owned by the government is sold to an individual. Nationalisation is when the government buys a certain business or firm from an individual in the private sector.

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5
Q

what are the public sector features

A

owned by - Privatisation is when a business that is owned by the government is sold to an individual.

controlled by - the government

financed by - taxation

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