The Three Traditional Economic Sectors: The Head, the Heart and the Harness.
Businesses: The Head
The three traditional economic sectors can be referred to as the Head (Business), the Heart (Non-Profits and Charities), and the Harness (Government). Today, there is a Fourth Sector emerging that ties together and lies in the overlap area of these three sectors.
Plummeting numbers seem to suggest that philanthropy is not as popular as it was just years ago.
In fact, alarming statistics show that individual charitable donations in America has dropped by nearly 10% over the past five years, which begs the obvious question; what’s happening to charity? Is it no longer being done? Are the needy being neglected? Is the growing culture of apathy taking over? Are we growing cold to the pains of the world?
Giving seems to be less and less in fashion these days, particularly for individuals.....
Ever watch Extreme Home Makeover on ABC television? If you want an example of what we are referring to as the Converging Fourth Sector, you might be surprised by this show.
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