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Public Sector
The portion of the economy composed of government services and enterprises, including employees who work for government entities.
Essential Services
Services considered necessary for the safety, health, and welfare of the public, which may be exempt from labor strikes.
Economic Markets
Systems where parties engage in exchange of goods, services, and information, often regulated by supply and demand.
Unilateral Change
Actions taken by one party, especially in a contractual relationship, without the agreement or consent of the other party.
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