The type of agency that operates like a private business but is owned and operated by the government is typically referred to as a "government-owned corporation" (GOC) or "state-owned enterprise" (SOE). These entities function commercially to provide goods or services while being owned by the government. Examples can include postal services, public transportation companies, and utilities such as water and electricity providers in some countries. They aim to serve public interests while also operating in a competitive market environment.
which type of agency operated like a private business but is owned and operated by the govwrnment
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