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This lesson moves beyond sole traders, partnerships, and limited companies to examine other important business forms: public-sector organisations, not-for-profit organisations, social enterprises, and mutual organisations. AQA expects you to understand how these forms differ in their objectives, ownership, and control. This is part of topic 3.1.2.
Key Definition: The public sector consists of organisations that are owned and controlled by the government (central or local) and funded primarily through taxation. Their objective is to provide services to the public rather than to make a profit.
| Feature | Detail |
|---|---|
| Ownership | Owned by the government on behalf of citizens |
| Funding | Funded through taxation, government grants, and sometimes user charges |
| Objective | To provide services for the public good — not to maximise profit |
| Accountability | Accountable to the public through elected politicians and government bodies |
| Examples | The NHS, state schools, the BBC (partly), the police, the armed forces, local councils |
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