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What Are Public Enterprises?

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    Basically a public enterprise is the one which is controlled by government. However, there are many states which do not agree with this simple definition of public enterprise. Therefore, more precisely, a public enterprise is the company which is either completely or partly owned by the state or in other case it is controlled by a public authority. Sometimes public enterprises are operated as public ownerships. Some examples of the public enterprises include Utility companies like gas, electricity, etc. The basic objective of a public enterprise is the public interest. The expenditures of the public enterprises are carried out by the regular operations of the company and the capital is provided by the treasury.

    Public enterprises
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    Amber22 

    answered 1 year ago

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