Woodrow Wilson wanted to place strict government controls on corporations.
government-owned corporations
TVA (Tennessee Valley Authority)
There agendas are set by Congress
operate like private businesses (plato)
Government corporations are created by Congress in order to be able to regulate things that are not considered to be normal legislation. Two government corporations are AMTRAK which is the passenger train system and the CIA which is an intelligence gathering agency.
The functions of government corporations are mainly to avail government services to citizens. Most major cities will have offices to such corporations.
government corporations do not perform a particular economic function.
Superintendency of Corporations was created in 1968.
Government Corporations
Government corporations are in the public sector while government contractors are in the private sector.
Government corporations are in the public sector while government contractors are in the private sector.
When Corporations Rule the World was created in 1995.
Woodrow Wilson wanted to place strict government controls on corporations.
They are run by boards of directors.
Centre for Research on Multinational Corporations was created in 1973.
The function of government corporations is to serve a public need, in various fields including transportation, finance, communications, and energy. Private corporations can determine their own consumer base and business plans.