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Government Corporations

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13y ago

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What do you call a business that is owned and operated by the federal government?

A business owned and operated by the federal government is called a government enterprise or a government-owned corporation. These entities are created to provide goods or services that may not be adequately supplied by the private sector. Examples include the United States Postal Service and Amtrak.


What is free market system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


What is the simplest form of business owned and operated by one person is called?

S-corporation


A business thst is owned and operated by a single individual is know as a proprietorship?

A business that is owned and operated by a single individual is know as a proprietorship


What is a business owned and ran by one person?

A business owned and operated by one individual is known as a sole proprietorship.


What is freemarket system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


Where can a 12-year-old in California get a job?

in a family owned and operated business


Which term is used to describe a business that is owned and democratically operated by its members?

cooperative


What is a Business organization owned and operated by a group of individuals for their mutual benefit?

cooperative.


What is classed as a small business?

A small business is a business that is privately owned and operated with a small number of employees.Small businesses are normally privately owned corporations, partnerships, or sole proprietorships.


What is meaning of independently owned and operated?

Independently owned and operated means that a business is owned and controlled by an individual or a group of individuals rather than being part of a larger corporation or chain. This allows the owner to make decisions and run the business without interference from a corporate entity.


What were cooperatives?

A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit.