Which of the following relies on the government for its initial capital?
Answer Details
A public corporation relies on the government for its initial capital. A public corporation is a type of organization that is owned and operated by the government, and its initial capital is usually provided by the government. This funding may come in the form of grants, loans, or other financial support. Public corporations may be created to provide essential services to the public, such as transportation, utilities, or healthcare. They may also be established to manage public assets, such as parks or museums. Unlike private companies, public corporations are accountable to the government and the public, and are subject to government regulations and oversight.