Public ownership refers to the situation where assets, resources, or services are owned and managed by the government or the community as a whole. This can include things like public parks, schools, and public transportation systems. The goal of public ownership is to ensure that these resources are accessible to everyone, promoting equality and serving the public interest. In public ownership, decisions about how to use and maintain these resources are typically made through democratic processes. This means that citizens have a say in how their community's assets are managed, which can lead to more equitable distribution of resources and services. Examples of public ownership can be seen in state-owned enterprises and municipal utilities.