Public Enterprise
A public enterprise is a business organization owned and operated by the government. Its primary goal is to provide goods and services to the public rather than to generate profit. Public enterprises often focus on essential services, such as transportation, utilities, and healthcare, ensuring that these services are accessible to all citizens.
These enterprises are funded through taxpayer money and may receive government support to maintain operations. They play a crucial role in the economy by creating jobs and stabilizing markets. Examples of public enterprises include national railways and public hospitals, which serve the community's needs directly.