public sectorˈpublic ˌsector (also state sector) [singular]ECONOMICS the companies, organizations, and activities in an economy that are owned by the governmentThe public sector still accounted for 40 percent of gross national product (GNP), and employed 44 percent of the nation’s workforce.
More than 200,000 public-sector workers began a two-day strike over the government’s proposed wage freeze.
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