A State-Owned Enterprise (SOE) is a business that is owned and operated by a government. These enterprises are created to provide essential services or goods that may not be adequately supplied by the private sector. Examples of SOEs include public utilities, transportation services, and natural resource companies. SOEs can play a significant role in a country's economy by generating revenue, creating jobs, and ensuring that important services are accessible to all citizens. They may also be involved in strategic sectors, such as energy or telecommunications, where government oversight is deemed necessary for national interests.