Question on: JAMB Economics - 1995
One of the major advantages of public enterprises is that?
A
they are highly subsidize
B
they are the largest employers of labour
C
their operations are highly standardized
D
they take prompt decisions and actions
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Correct Option: A
The major advantage of public enterprises, especially in developing economies, is often their role as significant employers of labor. While public enterprises can have other benefits or drawbacks, their capacity to provide employment is a key feature, particularly in situations where private sector job creation may be limited.
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