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Why does the government control public corporat... - SS2 Government Reasons for the control of public corporation Question

Why does the government control public corporations, and what benefits does this provide to society?

The government controls public corporations to ensure that essential services are provided, to hold corporations accountable to the public, to prioritize public interest over profit, and to promote economic stability. This benefits society by ensuring access to essential services, promoting transparency and accountability, protecting vulnerable populations, and stabilizing the economy.

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