My AP Comparative students have to learn all of the terms on this list which Rebecca Small gave me at an AP institute and I have been amending ever since. One of the terms is parastatals. If you look the definition up it is actually quite easy. But when you want students to show a deeper understanding, problems occur. You and/or your students might like to refer to this short article from McKinsey and Co. that gives a very detailed explanation and gives plenty of examples in an easy to read explanation.
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