Question 1 A business owned fully or in part by the government is known as what?
Public enterprise
Marketing enterprise
Private enterprise
Industry enterprise

Public enterprise

Explanation:

A public enterprise is a commercial organization wholly or partially owned by the government. The state holds controlling interests in a public enterprise. The government manages the business directly by appointing the top management or placing it under one of its departments.

Public enterprises are created with the motive of maximizing social welfare while upholding the public interest. They provide vital goods and services to the public at reasonable prices

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