public sector

  

Definition

The part of national economy providing basic goods or services that are either not, or cannot be, provided by the private sector. It consists of national and local governments, their agencies, and their chartered bodies.

The public sector is one of the largest sectors of any economy; in the US, for example, it accounts for about 20 percent of the entire economy.


Use public sector in a sentence

  • Kevin had worked as a Congressional aide, a campaign staff member, a governmental liaison, and a Senate file clerk, among many other positions in the public sector, but had no experience outside of Washington.

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  • Some companies will choose to stay in the public sector if they think it will lead to more long term profits.

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  • After college, I decided to no longer continue on my present course with a degree and go work in the public sector instead.

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