What is government run by corporations called?

Corporatocracy (/ˌkɔːrpərəˈtɒkrəsi/, from corporate and Greek: -κρατία, romanized: -kratía, lit. ‘domination by’; short form corpocracy) is a term used to refer to an economic, political and judicial system controlled by corporations or corporate interests.

What are the US government corporations?

Appendix. Federal Government Corporations

• Commodity Credit Corporation. (15 U.S.C. 714)
• Export-Import Bank. (12 U.S.C. 635)
• Federal Crop Insurance Corporation.
• Federal Deposit Insurance Corporation.
• Federal Financing Bank.
• Federal Prison Industries (UNICOR)
• Financing Corporation.
• Government National Mortgage Corporation.

What are examples of government corporations?

Examples of government corporations can be found all around us. For example, Fannie Mae and Freddie Mac are examples of government-sponsored companies. PBS is a government-owned corporation. GM is an example of a government-acquired corporation.

Is the USPS a government corporation?

The U.S. Postal Service (USPS) is a large business enterprise operated by the federal government. It has more than 600,000 employees and more than $70 billion in annual revenues.

Is the United States of America a democracy?

The United States is a representative democracy. This means that our government is elected by citizens. Here, citizens vote for their government officials. These officials represent the citizens’ ideas and concerns in government.

What businesses are owned by the government?

Government corporations are companies that exist in the private sector, but are owned by government, such as Sallie Mae. What does the government do for businesses? Hundreds of assistance programs from the government—in the form of money, information, and services—are available to businesses and entrepreneurs.

What corporations are owned by the US government?

The 14th created or at least expanded U.S.

Can the government be run like a business?

There are common management techniques that can work in both governance and business, but no, government cannot be run like a business. In fact, for services needed by all, government can be more efficiently and lower cost as many frictional costs, costs of competition and profit no longer have to be an expense.

How do corporations influence the government?

Buying plane tickets for you and dozens of your staff costs a lot of money.