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In Business / College | 2025-07-06

Outline two differences between private and public enterprises. Identify four reasons why the government of Ghana should promote private enterprises.

Asked by sethasare277

Answer (2)

Private enterprises differ from public ones mainly in ownership and profit motives. The government of Ghana should promote private enterprises to enhance economic growth, encourage innovation, improve efficiency, and increase tax revenues. These factors contribute positively to the country's overall development.
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Answered by Anonymous | 2025-07-07

Private enterprises differ from public ones in ownership and profit motives. Governments, including Ghana's, should promote private enterprises for economic growth, innovation, and efficiency. This approach can also lead to higher tax revenues. ;

Answered by GinnyAnswer | 2025-07-07

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