Public corporations are established mainly to

Public corporations are established mainly to provide services at subsidized rates. Public corporations are organizations owned by the government and established to provide services to the public. These services may include transportation, utilities, and other essential services. The primary goal of public corporations is to provide these services at affordable rates, rather than to make a profit for the government. While some public corporations may generate revenue or operate at a profit, this is not their main objective. Similarly, while providing jobs for the unemployed may be a positive outcome of public corporations, it is not their primary purpose.