Reasons for privatization - SS2 Government Past Questions and Answers - page 1
What is a potential benefit of privatization?
Increased government spending
Reduced efficiency
Improved service quality
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What is the aim of privatization?
To increase government spending
To reduce efficiency
To improve productivity
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What is a potential reason for privatization?
To increase government control
To reduce competition
To attract private investment
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What is a potential negative impact of privatization?
Increased efficiency
Decreased service quality
Increased government spending
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What is a potential benefit of privatization for the government?
Increased control over the enterprise
Increased financial burden
Reduction in government spending
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What is privatization and why is it implemented?
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Privatization is the process of transferring ownership or control of a government-owned or state-owned enterprise, asset or service to the private sector. It is implemented to improve efficiency, reduce government spending, attract investment, and improve service quality.
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