Business Structure

Public Sector

This is business activity owned, financed and controlled by the state through government or local authorities.

1 of 6

Private Sector

This is business activity owned, financed and controlled by private individuals.

2 of 6

Merit Goods

Goods / services that people should be provided in greater quantities.

3 of 6

Public Goods

Goods / services that if one individual consumers has then it doesn't effect another persons chance of having it.

4 of 6

Co-Operatives

Businesses that the workers have a mutual assistance in working towards a common goal.

5 of 6

Social Enterprises

Businesses that has social objectives and in which is re-invested into the company or used in community schemes.

6 of 6

Other cards in this set

This is business activity owned, financed and controlled by private individuals.

Private Sector

Goods / services that people should be provided in greater quantities.

Goods / services that if one individual consumers has then it doesn't effect another persons chance of having it.

Businesses that the workers have a mutual assistance in working towards a common goal.

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