business risks are borne by the buyers
capital is provided by the public
control and management of the business is in the hands of customer
the business is owned and run by government
The main aim of setting up the business is to maximize profit
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The question is wrongly composed:
question 19 economic which I just answered and my my answer was marked wrong but as a matter of fact the characteristics of a private enterprise which the system says (capital is provided by the public) is wrong to me the correct answer is aimed at making profit at maximum. so I would like the admin to look into this issue, Thanks to myschool.com
REF: economic page 19
@admin. The answer shld be lookinto. I choose. Option E to be answer. Characteristic of private enterprises is profit making.
