Question

Define then the
term public enterprises,​

Answer 1

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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.

Answer 2

Explanation:

Public enterprises were formed by the government to participate in the economic activities of the country. ... They are characterized by public ownership,public funds being used for its activities and public accountability.