Public corporations

Public cooperations

These are the businesses in the public sector, nationalized, completely owned by the government. They’re operated by board of directors


  • Managed with social objective rather than profit
  • Loss making services might still be kept operation if there is social benfit
  • Finances raised by the government


  • Lack of profit leads to inefficiency
  • Subsidies lead to inefficiency
  • Governments interfere


  • Provide goods that are beneficial
  • Provide services
  • Keep prices low
  • Provide employment
  • Bring economic stability
  • Increase efficiency
  • Continue product even if it is going in loss
  • Provide merit and public goods
  • Avoid private sector monopolies

Rating 3.00 out of 5

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