Philosophy - The Nature of the State - Government control

2. The Nature of the State
GOVERNMEN
T CONTROL
ANCHETA, Kenzie M.
BSED 3F-1

4. GOVERNMENT CONTROL
Under the direct control of
the government

5. Government controlled
entities are state public sector
organizations identified as:
• General Government Sector
• Public Non-financial
Corporations Sector
• Public Financial Corporations
Sector.

6. General
Government
Sector

7. General Government
SectorIncludes all institutional units whose
output is intended for individual and
collective consumption and mainly
financed by compulsory payments
made by units belonging to other
sectors, and/or all institutional units
principally engaged in the redistribution
of national income and wealth.

8. Four Sub Sector
• Central Government
• State Government
• Local Government
• Social Security Funds

9. Central Government
is the political
authority that
governs an entire
nation.

10. State Government
• is a unit of government that
specifically makes and enforces
laws for a state.
• are responsible for
administering to the local needs
and problems of a particular
state or region.

11. Local Government
• is the public administration of
towns, cities, counties and
districts.
• city utilities, libraries, fire
departments, public swimming
pools, parks, local law enforcement
and many other areas of our
everyday lives.

12. They generally involve compulsory
contributions by employees or
employers or both, and the terms on
which benefits are paid to recipients
are determined by a government
unit.
Social
Security Funds

13. Social
Security Funds• Old-Age and Survivors Insurance
(OASI)
• Disability Insurance (DI)

14. Public Non-financial
Corporations Sector

15. • engaged in the production
of market goods and/or
non-financial services.
• Government owned trading
business
Public non-financial
Corporations Sector

16. Public non-financial
Corporations Sector
• Retailers
• Manufacturers
• Utilities
• Business service
providers (such
as accountancy
and law firms)
• Haulage companies
• Airlines
• Construction
companies and
Farms.

17. Public Financial
Corporations Sector

18. Public Financial
Corporations Sector
Role of the
government in the
economy.

19. Public Financial
Corporations Sector
• Economic efficiency
• Income distribution
• Microeconomics
Stabilization

20. Public Financial
Corporations Sector
Economic efficiency
- Relationship of government
and markets.

21. Public Financial
Corporations Sector
Income distribution
-Adam Smith, Thomas
Malthus and David Ricardo
- is how a nation’s total GDP is
distributed amongst its
population.

22. Public Financial
Corporations Sector
Macroeconomics Stabilization
- Stabilize performance,
structure, behavior, and
decision-making of
an economy.

23. …

24. Are you ready
to answer the
questions?

25. Question # 1
Is the political authority that
governs an entire nation.
a. Central Government
b. State Government
c. Local Government
d. Social Security Funds

26. Question # 2
Engaged in the production of market
goods and/or
non-financial services.
a. Public non-financial Corporations Sector
b. Private Financial Corporation Sector
c. Local Government
d. Social Security Funds

27. Question # 3
Concern in the Role of the
government in the economy.
a. Public non-financial Corporations Sector
b. Private Financial Corporation Sector
c. Public Financial Corporation Sector
d. General Government Sector

28. Question # 4
It is the public administration of
towns, cities, counties and
districts.
a. Central Government
b. State Government
c. Local Government
d. Social Security Funds

29. Question # 5
It stabilize performance, structure,
behavior, and decision-making of
an economy.
a. Economic efficiency
b. Income distribution
c. Microeconomics Stabilization
d. Macroeconomics Stabilization

30. We don’t need a weakened
government but a strong
government that would take
responsibility for the rights of
individual and care for the
society as a whole.
-Vladimir Putin