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GCE Commerce 1990 Question 79

Question 79

Government and Business

The main purpose for establishing a public corporation is to

  1. A.make profit
  2. B.provide employment
  3. C.provide essential services
  4. D.compete with entrepreneurs
  5. E.establish a monopoly
Show the answer and explanation

Answer: C (provide essential services)

Explanation

Public corporations provide essential services such as water and electricity at fair prices.