Welcome to the 1520 Perfect Dictionary
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| Public sector | |
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| PUBLIC SECTOR Definition: (usually - the public sector) (economics) The part of the economy of a country that is owned or controlled by the government. ______________________________________________________________________ * All seven elements should be in. 1. Purposeful and necessary. PROVISION OF SERVICE. 2. Part owned or controlled is specific and identifiable, measurable and/or assessable. DISTINCT. __________________ 3. Ownership or control by government is full, total (100%). SECURED. 4. Service provided is a monopoly: no possibility or likelihood of a competition with the private sector or an involvement by some non-governmental or quasi non-governmental organization(s). EXCLUSIVE. __________________ 5. Parts under government control or ownership cooperate with the private sector, where necessary. Or gets involved in a public private partnership, if required (connect to #6). PUBLIC INTEREST. 6. Parts are all well-managed. That is, no issues of corruption or mismanagement in the operations within this sector. In other words, the best quality/standard and best practices are what sector provides.(I wish.) PROFITABLE. 7. Ownership or control serves purpose(s). (Phew!) PUBLIC GOOD. ______________________________________ See perfect PRIVATE SECTOR. See perfect PUBLIC UTILITY. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |