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
What is the aim of privatization?
To increase government spending
To reduce efficiency
To improve productivity
What is a potential reason for privatization?
To increase government control
To reduce competition
To attract private investment
What is a potential negative impact of privatization?
Increased efficiency
Decreased service quality
Increased government spending
What is a potential benefit of privatization for the government?
Increased control over the enterprise
Increased financial burden
Reduction in government spending
What is privatization and why is it implemented?
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.