Concept:Public enterprises are government-owned organizations set up to provide essential goods and services to citizens at affordable prices.
Explanation:Public enterprises are owned, financed, and controlled by the government.
They are established to supply essential services such as water, electricity, and transportation at low or subsidized costs.
Their main goal is public welfare rather than profit making.
Private companies mainly aim to make profit.
Cooperative and thrift societies focus on savings and mutual help among members.
Therefore, the organization that provides essential goods and services at low cost to citizens is a public enterprise.
Answer:B. Public enterprises