How the Private Sector Works
The private sector is made up of households, businesses, and organizations, spanning jobs in a variety of fields, such as retail, construction, and manufacturing. This sector includes both public and private companies, ranging from behemoths like Walmart and Amazon, to small, mom-and-pop operations.
As private-sector businesses are owned and managed by private individuals or enterprises, businesses within this category focus on entrepreneurial activities, taking risks to create jobs and generate a profit. They are competitive and they have an incentive to be efficient.
How the Public Sector Works
The public sector references all government organizations, including the federal government, states, and localities. Public-sector organizations focus on services to the public as a whole, including education, welfare, the legal system, employment, natural resources, and health services.
Federal agencies like the IRS, FBI, and the Department of Labor, as well as state services like unemployment benefits, children and family services, and insurance regulation, are all part of the public sector. In practice, the Bureau of Economic Analysis and the Federal Reserve Board use data from the public sector to measure the nation’s financial and economic performance, while local and state agencies use the data to create budgets and programming.
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Answer: c. Symbolic Interactionist Theory
Explanation: All the above options have a theoretical perspective on gender. However, the perspective described in the question is the Symbolic Interactionist Theory.
The Symbolic Interactionist Theory is the approach to gender theory that looks at the symbolic roles we assign to each gender. These roles then affect our expression and performance as members of and towards each gender. We process gender based on the symbols attached to each gender such as women being nurturing and men being athletic.
Answer:
Economic activity is the process by which the stock of resources or stock of capital produces a flow of output of goods and services that people utilize in partial satisfaction of their unlimited wants.
Explanation:
Economic activity is the process by which the stock of resources or stock of capital produces a flow of output of goods and services that people utilize in partial satisfaction of their unlimited wants.
