Question

Explain public enterprise and why public enterprise is the best

Answer 1

Explanation:

Public enterprise, a business organization wholly or partly owned by the state and controlled through a ... In Great Britain during the early years of the 20th century, the post office, utilities, ...

Answer 2

Answer:

A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public.

1. accelerate the rate of economic growth.

2. speed up industrialization, especially the development of heavy industries.

3.expand the public sector and build a large co-operative sector.

4.improve infrastructural facilities.

5.ensure balanced regional development.

6.increase employment opportunities.