Public finance is the study of the financial activities of the government, including taxation, expenditure, debt, and budgeting. It also includes the study of the effects of these activities on the economy and society.
Public Sector:
The public sector is the part of the economy that is controlled and managed by the government. It includes all government departments, agencies, and other organizations that are funded by the government. It also includes public services such as health care, education, and transportation. The public sector is responsible for providing services to the public and for regulating the economy.
