Public utilities refer to government-owned or government-regulated monopolies.

Name: Public utilities refer to government-owned or government-regulated monopolies.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

Public utilities are typically owned or regulated by the government, and they operate as monopolies in order to ensure that essential services like electricity, water, and telecommunications are available to all individuals and businesses within a given area.

Public Utilities Refer to Government-Owned or Government-Regulated Monopolies