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
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
3
Which sector is typically involved in privatization?
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A
Private sector
B
Government sector
C
Non-profit sector
4
What is a potential benefit of privatization?
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A
Increased government control
B
Decreased efficiency
C
Improved service quality
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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