Many states have been expanding state-owned enterprises because state ownership has been so successful in accumulating wealth.

Question

Quizplus · Accepted Answer

This statement is not entirely true. While some states have expanded state-owned enterprises, it is not necessarily because state ownership has been successful in accumulating wealth. State ownership can have a variety of motivations and goals beyond just accumulating wealth, such as promoting economic development, controlling key industries, or providing public services. Additionally, state-owned enterprises can sometimes be less efficient and profitable compared to private enterprises.

Many States Have Been Expanding State-Owned Enterprises Because State Ownership