Government ownership

Government ownership refers to assets, businesses, or resources that are owned and operated by the government rather than private individuals or companies. This often includes public utilities, transportation services, and natural resources. The goal is to provide essential services, ensure public welfare, or manage resources for the community's benefit. Government ownership can help regulate markets, prevent monopolies, and ensure affordable access, but it may also involve public funding and oversight. Ultimately, it's about the government managing certain sectors to serve the collective interests of society.