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Published byHollie Summers Modified over 8 years ago
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What ownership are businesses under when they are run or controlled by the Government?
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Understand Public ownership and its differenceto private ownership All- identify the difference Most -Can do the above and explain the difference in detail giving the main role the state play Some - Can do all of the above and explain in detail the role of the state in public ownership giving examples and real istic explanations
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Some business are under public ownership and controlled by the state Run by the state on behalf of others A business can also be controlled by trustees, who oversee, the business affairs. e.g Parks
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1. Government departments 2. Local Authorities 3. Health Trusts 4. Public Corporations
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It is called PUBLIC OWNERSHIP because it is us ‘_____________’ that help the Government fund Government departments or organisations such as the department of transport, refuse collection and health care!!! WE PAY _____ e.g road tax, income tax All the tax we pay goes to the Government and they keep it in a pot and then use our tax, so our money, to _________ organisations such as ____________ and refuse collection so that we get that service at it’s best.
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Complete the worksheet ‘The Publicly Owned’ BE READY TO GIVE YOUR ANSWERS TO THE CLASS!
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YOU HAVE 5 MINUTES TO RESEARCH 5 DIFFERENT PUBLICLY OWNED BUSINESSES THAT WE HAVE NOT ALREADY TALKED ABOUT AND WRITE THEM ON YOUR SHEET!
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1. 2. 3. 4. 5.
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