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How do public corporations differ from private ... - SS2 Government Reasons for the control of public corporation Question

How do public corporations differ from private corporations, and why is government control necessary for public corporations?

Public corporations differ from private corporations in that they are owned and operated by the government, and they prioritize the public good over profit. Government control is necessary for public corporations to ensure that essential services are provided, that corporations are accountable to the public, and that public interest is protected. This is in contrast to private corporations, which are run for the benefit of private individuals or shareholders.

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