All the following are the economic reasons for establishing public enterprises except the provision of ,
Question 1 Report
All the following are the economic reasons for establishing public enterprises except the provision of ,
Answer Details
The establishment of public enterprises is done to achieve various economic goals, including the provision of socially necessary facilities, services that are natural monopolies, employment opportunities, and services at a cheaper cost. However, establishing public enterprises to express national prestige is not an economic reason. This is because the expression of national prestige is a political or social reason rather than an economic one. In summary, public enterprises are established to achieve economic goals, but the expression of national prestige is not one of them.
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