Public-sector entities are agencies and instrumentalities of the government. They are part of which sector?

Public-sector entities are agencies and instrumentalities of the government. They are part of which sector?

• A. Private sector
• B. Public-sector
• C. Nonprofit sector
• D. Cooperative enterprises

Answer: (B)

Public-sector work consists of government-owned or government-controlled organizations that exist to deliver services to the public. Because these entities are funded by taxpayers and answer to elected officials, they are classified as part of the public sector. This differs from the private sector, which is driven by profit and privately owned; the nonprofit sector, which includes tax-exempt groups operating independently of government; and cooperative enterprises, which are owned by their members. So, public-sector entities are part of the public-sector.

Public-sector work consists of government-owned or government-controlled organizations that exist to deliver services to the public. Because these entities are funded by taxpayers and answer to elected officials, they are classified as part of the public sector. This differs from the private sector, which is driven by profit and privately owned; the nonprofit sector, which includes tax-exempt groups operating independently of government; and cooperative enterprises, which are owned by their members. So, public-sector entities are part of the public-sector.