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A government corporation operates as a self-sustaining entity created by the government to provide specific services or products that may not be adequately supplied by the private sector. It functions with greater operational flexibility than traditional government agencies, often generating its own revenue through the sale of goods or services. While it aims for financial viability, it may receive government funding or support for certain initiatives. Examples include the U.S. Postal Service and Amtrak, which balance public service missions with the need for economic efficiency.

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1mo ago

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