Step-by-step explanation:
Public corporations and public limited companies are two types of companies that differ in ownership, sector, and aim.
Ownership: Public corporations are usually owned by the government and operate for the benefit of the public. On the other hand, public limited companies are owned by shareholders who invest in the company in exchange for ownership shares.
Sector: Public corporations operate in a variety of sectors, including utilities, healthcare, and transportation, among others. They are often created to provide essential services to the public. Public limited companies can operate in any sector and their activities are guided by their business objectives.
Aim: Public corporations are created to serve the public interest and may have social or political objectives in addition to financial ones. In contrast, public limited companies are primarily focused on generating profits for their shareholders.
Overall, public corporations and public limited companies differ in terms of ownership, sector, and aim. Public corporations are typically government-owned and serve the public interest, while public limited companies are privately owned and focus primarily on generating profits for their shareholders.