General government sector
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(Redirected from General government (in economics))
The general government sector [1] includes 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. The general government sector is subdivided into four subsectors: central government, state government, local government, and social security funds.
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