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Funding a business
Reasons government should establish public corporations.
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[QUOTE="Kingsley, post: 209813, member: 30278"] Generally when we set up businesses our objectives most times is all about profit making so we design and tailor our plans before setting up the business to make profit alone and so times to render little services. So if we consider the way things are done under the capitalist system of running an economy you will realise when thay their basic interest is how they can increase their profit and capital within a shout space of time, so they do not really put the end users as their major focus, the maximum utility that can be derive from thr product is not their major concern. So when we consider the parastatals that are been built by the government unders the socialist system of leadership we will realise that it is established on the foundation of rendering essential service and although the government are also going to make profit but that is not their outright objective, rather their objectives is to make essential services available for all citizens in that geographical entity or target audience. At the same time the government also makes profit but the government is not always considering their profit net in the short term but in the long term. So the government should provide more corporations. [/QUOTE]
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Reasons government should establish public corporations.
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