What is government enterprise?

Answer 1

Government enterprises are businesses or organizations owned and operated by the government to provide goods or services to the public. It functions like a private company but it is funded and managed by the state.

Answer 2

Government enterprise refers to a business or commercial activity that is owned and operated by a government entity, often aimed at providing goods or services that serve the public interest. These enterprises can operate in various sectors, such as transportation, utilities, and healthcare, and may function alongside private businesses in a mixed economy. The primary goal is not necessarily profit maximization, but rather fulfilling public needs, promoting economic stability, and ensuring access to essential services. Examples include public transportation systems, state-owned utilities, and national postal services.