CH5 – AO1 Flashcards
1
Q
Public corporation
A
Business organization owned and controlled by the government 
2
Q
Infrastructure
A
Facility in a country
3
Q
Portfolio
A
Collection
4
Q
Natural monopoly
A
Market where it is more efficient to have one organization meeting total demand
5
Q
Subsidize
A
Paying part of the cost
6
Q
Privatization
A
Transfer of public sector resources to the private sector 
