Explain the influence of the public and private sector initiatives in increasing standard of living in the United States.

The idea of social justice is achieved through state government justice in the economy, which entails a certain degree of equalization of citizens' economic status, as well as the creation of a network of political guarantees providing equal starting circumstances for all sections of the population.

However, this strategy calls for more public and private sector investments, as well as a stronger role for public-private partnerships.

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Through the state social policy in the economy, the principle of social justice is implemented, which implies a certain measure of equalizing the property status of citizens, creating a system of social guarantees and equal starting conditions for all segments of the population. However, this policy includes increasing public and private sector investment and strengthening the role of public-private partnership mechanisms.

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