"State-owned" refers to assets, companies, or services that are owned and operated by a government. This means that the government has full control over these entities, which can include industries like transportation, energy, and healthcare. The primary goal of state ownership is often to provide essential services to the public and ensure that they are accessible to everyone. In many countries, state-owned enterprises (SOEs) play a significant role in the economy. They can help stabilize markets, create jobs, and generate revenue for the government. However, the effectiveness and efficiency of these entities can vary, leading to debates about the benefits and drawbacks of state ownership compared to private ownership.