Unit 1- Public Sector Flashcards

1
Q

What is the primary purpose of the public sector?

A

To provide goods and services to the public and regulate various aspects of society.

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2
Q

True or False: The public sector is funded primarily through private investments.

A

False

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3
Q

Fill in the blank: The public sector includes government agencies, ________, and public enterprises.

A

non-profit organizations

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4
Q

Which of the following is NOT a characteristic of the public sector? a) Accountability b) Profit motive c) Public ownership

A

b) Profit motive

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5
Q

What is a common challenge faced by the public sector?

A

Bureaucracy and inefficiency in operations.

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6
Q

Multiple Choice: Which level of government is NOT typically part of the public sector? a) Federal b) State c) Private corporations

A

c) Private corporations

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7
Q

What is the role of public sector unions?

A

To represent the interests of public sector employees in negotiations and advocacy.

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8
Q

True or False: The public sector is primarily focused on maximizing profits.

A

False

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9
Q

What is one key difference between the public sector and the private sector?

A

The public sector aims to serve the public interest, while the private sector focuses on profit generation.

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10
Q

Fill in the blank: Public sector reforms often aim to improve ________ and accountability.

A

efficiency

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