What is the primary source of funding for organizations that constitute the public sector?
Answer
Taxes levied on citizens and businesses
The defining characteristic that determines whether an organization belongs to the public sector relates to its financial basis. The text clearly states that the source of funding for these entities is primarily derived from taxes that are levied upon citizens and businesses. This reliance on compulsory taxation rather than voluntary consumer spending or private investment underscores their role as public stewards funded by the populace they serve.
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