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Which of the following best describes a Public-Private Partnership (PPP)?
Which of the following best describes a Public-Private Partnership (PPP)?
- A government initiative to fund private businesses.
- A collaboration between the government and private companies to build roads, schools, or hospitals. (correct)
- A joint venture between two private companies.
- A partnership between two government agencies.
What is one benefit of a Public-Private Partnership (PPP)?
What is one benefit of a Public-Private Partnership (PPP)?
- Exclusive profits for the government.
- Increased control for the private company.
- Faster completion of big projects. (correct)
- Lower costs for the government.
What is shared in a joint venture?
What is shared in a joint venture?
- Ownership and control of the venture. (correct)
- Only risks and liabilities.
- Only rewards and profits.
- None of the above.
How are profits, losses, and liabilities distributed in a joint venture?
How are profits, losses, and liabilities distributed in a joint venture?
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What is the purpose of a Public-Private Partnership (PPP)?
What is the purpose of a Public-Private Partnership (PPP)?
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