5. Government controlled
entities are state public sector
organizations identified as:
• General Government Sector
• Public Non-financial
Corporations Sector
• Public Financial Corporations
Sector.
7. General Government
SectorIncludes all institutional units whose
output is intended for individual and
collective consumption and mainly
financed by compulsory payments
made by units belonging to other
sectors, and/or all institutional units
principally engaged in the redistribution
of national income and wealth.
8. Four Sub Sector
• Central Government
• State Government
• Local Government
• Social Security Funds
10. State Government
• is a unit of government that
specifically makes and enforces
laws for a state.
• are responsible for
administering to the local needs
and problems of a particular
state or region.
11. Local Government
• is the public administration of
towns, cities, counties and
districts.
• city utilities, libraries, fire
departments, public swimming
pools, parks, local law enforcement
and many other areas of our
everyday lives.
12. They generally involve compulsory
contributions by employees or
employers or both, and the terms on
which benefits are paid to recipients
are determined by a government
unit.
Social
Security Funds
15. • engaged in the production
of market goods and/or
non-financial services.
• Government owned trading
business
Public non-financial
Corporations Sector
16. Public non-financial
Corporations Sector
• Retailers
• Manufacturers
• Utilities
• Business service
providers (such
as accountancy
and law firms)
• Haulage companies
• Airlines
• Construction
companies and
Farms.
25. Question # 1
Is the political authority that
governs an entire nation.
a. Central Government
b. State Government
c. Local Government
d. Social Security Funds
26. Question # 2
Engaged in the production of market
goods and/or
non-financial services.
a. Public non-financial Corporations Sector
b. Private Financial Corporation Sector
c. Local Government
d. Social Security Funds
27. Question # 3
Concern in the Role of the
government in the economy.
a. Public non-financial Corporations Sector
b. Private Financial Corporation Sector
c. Public Financial Corporation Sector
d. General Government Sector
28. Question # 4
It is the public administration of
towns, cities, counties and
districts.
a. Central Government
b. State Government
c. Local Government
d. Social Security Funds
29. Question # 5
It stabilize performance, structure,
behavior, and decision-making of
an economy.
a. Economic efficiency
b. Income distribution
c. Microeconomics Stabilization
d. Macroeconomics Stabilization
30. We don’t need a weakened
government but a strong
government that would take
responsibility for the rights of
individual and care for the
society as a whole.
-Vladimir Putin
Editor's Notes
subdivided into four subsectors
strong role in regulating the educational system of their states and establishing licensing rules for professionals who practice in the state.
-governor
City mayor
Councilors
Police officer
The OASI is used to pay for the benefits of retired workers and their families and to the beneficiaries of deceased workers. The DI on the other hand, is used to pay for the disability benefits of workers and their families.Read more: http://www.businessdictionary.com/definition/social-security-trust-fund.html
is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly).