11. What is a public sector industry?
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✧✧ᴛʜᴇ ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀ (ᴀʟsᴏ ᴄᴀʟʟᴇᴅ ᴛʜᴇ sᴛᴀᴛᴇ sᴇᴄᴛᴏʀ) ɪs ᴛʜᴇ ᴘᴀʀᴛ ᴏғ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ᴄᴏᴍᴘᴏsᴇᴅ ᴏғ ʙᴏᴛʜ ᴘᴜʙʟɪᴄ sᴇʀᴠɪᴄᴇs ᴀɴᴅ ᴘᴜʙʟɪᴄ ᴇɴᴛᴇʀᴘʀɪsᴇs ✧✧
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The public sector (also called the state sector) is the part of the economy composed of both public services and public enterprises. ... The private sector is composed of the economic sectors that are intended to earn a profit for the owners of the enterprise.
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