The role of the public sector in economic management includes regulating markets, providing essential services, and ensuring equitable access to resources. Through policies, regulations, and public programs, the government plays a crucial part in stabilizing the economy, especially during times of economic crisis. The public sector also addresses market failures by investing in infrastructure, education, and healthcare, which are vital for long-term economic growth. Furthermore, promoting fair competition and protecting consumer rights exemplifies how public sector initiatives can contribute to a balanced and sustainable economic environment while enhancing social welfare.