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Iran · Economy & Business · Normal
The powerful 'bonyads' that control large parts of Iran's economy are, formally, what kind of organisation?
Answer: Charitable foundations — Bonyads are nominally charitable trusts, but several rank among Iran's largest business conglomerates.
- A Private family banks
- B Workers' cooperatives
- C Foreign joint ventures
- D Charitable foundations ✓
Bonyads are nominally charitable trusts, but several rank among Iran's largest business conglomerates.