10. (a) Name a state-owned enterprise in the 'production' category: _____________________ (b) Explain two reasons for state involvement in this category: _____________________ - Leaving Cert Business - Question 10 - 2007

Essential Service: The state often provides essential services that are crucial for daily life and economic stability. State-owned enterprises in the production sector ensure that vital resources, such as electricity, are available to all citizens at a stable price. This minimizes the risks associated with market fluctuations and ensures equitable access to services.

Economic Infrastructure/Development: State involvement in production is critical for developing infrastructure that supports economic growth. By investing in state-owned enterprises, the government can directly influence the development of industry, job creation, and overall economic progress, particularly in sectors that may not attract sufficient private investment.