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JAMB Government 1981 Question 44

Question 44

Public Corporations

Public corporations are set up to

  1. A.make profits
  2. B.compete with the private sector
  3. C.cater for those businesses that cannot be left entirely to private enterprise
  4. D.get board appointments for politicians
  5. E.enhance the prestige of the government
Show the answer and explanation

Answer: C (cater for those businesses that cannot be left entirely to private enterprise)

Explanation

Public corporations run essential services, such as electricity, water and railways, that are too important or too costly to leave to private business.