8 The Third Sector—Nonprofit Organizations
Sharon Velarde Pierce
Introduction to the Public, Private, and Nonprofit Sectors
Our society and economy are often divided into three sectors: the public sector (government), the private sector (business), and the nonprofit sector (a variety of civic, labor, nonprofit business, social, and advocacy organizations). The public sector consists of government-controlled services that provide for both basic and essential needs of the general community. The private sector is populated by organizations run by individuals, partners, or shareholders. These organizations are run for profit and regulated through local, state, and federal governments. While a distinct sector, the ...
Get Business, Society and Global Governance, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
