Define the term 'Public Enterprise.
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Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
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Explanation:
public enterprises,a organisation wholly or partly owned by the state and controlled through a public authority . Some public enterprises are place under public ownership because , for social reasons , it is through the service or product should be provided by a state Monopoly.
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