Which of the following is an example of a government corporation?
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Which of the following is an example of a government corporation?
Among the following options, which one do you think is an example of a government corporation:
- Food and Drug Administration (FDA)
- Federal Elections Commission
- Amtrak
- Occupational Safety and Health Administration
- Post office
- Federal Deposit Insurance Corporation (FDIC)
- None of the above
The answer is: Amtrak
Amtrak is the National Railroad Passenger Corporation, doing business as Amtrak.
It is a corporation owned by the state offering medium and long-distance intercity service in the United States and some Canadian cities.
Since The U.S. Federal Government, through the Secretary of Transportation owns all the company’s issued and outstanding preferred stocks and that the company receives state and federal subsidies, we say that Amtrak is a government corporation.
The other options are different examples of government bodies or agencies.
Government corporations are operated just like private businesses but are owned or sponsored by the government.
Takeaways
Let’s look at a summary of our findings with regards to what may be an example of a government corporation.
Which of the following is an example of a government corporation?
Related legal terms
Corporate departments
Executive branch
Federal government
Government corporation examples
Government corporation
Merit system
Political science
Service corporations
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