Definition of privatization - SS2 Government Past Questions and Answers - page 1

1

What is the aim of privatization?

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A

To improve efficiency and effectiveness

B

To increase government ownership

C

To reduce competition

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2

What does privatization involve?

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A

Transferring ownership or control to the public sector

B

Selling off shares to private investors

C

Decreasing competition

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3

Which sector is typically involved in privatization?

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A

Private sector

B

Government sector

C

Non-profit sector

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4

What is a potential benefit of privatization?

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A

Increased government control

B

Decreased efficiency

C

Improved service quality

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5

What is a potential benefit of privatization?

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A

Increased government control

B

Decreased efficiency

C

Improved service quality

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6

What is the definition of privatization?

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7

Why is privatization implemented?

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8

Why is privatization implemented?

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