Private corporations are owned by an enterprise. These corporations reside of course in a country but that country does not own the corporation. The corporation pays salaries to workers in the country and also pays taxes on its profits. In addition, private corporations pay part of their revenue to the country. Private corporations are beneficial for the country as they create many jobs and high income. Private corporations can upgrade to a higher level than state corporations and as a result, they become more profitable. In addition, private corporations make it possible for the country to rehabilitate people who are disabled and return them into the job market. They also function in stimulating house wives to return to the job market and the result is a higher participation of the population and a far better potential to develop the country even further.
Simcountry Dictionary
The most often used terms in simcountry are explained here. If you can't find what you are looking for, please contact The Gamemaster. This list is maintained daily.
Private corporations are owned by an enterprise. These corporations reside of course in a country but that country does not own the corporation. The corporation pays salaries to workers in the country and also pays taxes on its profits. In addition, private corporations pay part of their revenue to the country. Private corporations are beneficial for the country as they create many jobs and high income. Private corporations can upgrade to a higher level than state corporations and as a result, they become more profitable. In addition, private corporations make it possible for the country to rehabilitate people who are disabled and return them into the job market. They also function in stimulating house wives to return to the job market and the result is a higher participation of the population and a far better potential to develop the country even further.
