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A parastatal is an agency or company that is partially or wholly controlled by the government. An advantage is that the company has the entire resources of the nation backing it, so one bad decision that might bankrupt and collapse a private company will not do so with a parastatal.

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Wiki User

9y ago
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Wiki User

14y ago

its no profitable

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Alexander Siwela

Lvl 1
1y ago
more plis

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Q: Advantages and disadvantages of parastatals
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