Question 39
Business OrganisationsPublic enterprises are supported on the grounds that they are undertaken for
- A.increasing profit of the private sector
- B.reducing the burden of the private sector
- C.improving the welfare of the people
- D.earning profit for the people
- E.earning profit for the government.
Show the answer and explanation
Answer: C (improving the welfare of the people)
Explanation
Public enterprises are set up mainly to provide essential services for the people's welfare, not chiefly to make profit.