public sector: the portion of the economy that involves the transactions of the government. example: it only involves transaction from the government.
private sector: the part of the economy that is controlled or owned by individuals and businesses. example: something being controlled or being owned.
infrastructure: the basic facilities that are necessary for a society to function. example: a society to function and grow.
free rider: someone who would not be willing to pay for a certain good or service. example: something like to benefit.
market failure: a situation in which the free market, operating on its own. example: something with operating

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