Privatization And Commercialization Programmes - SS3 Economics Past Questions and Answers - page 1
1
What do privatization and commercialization programs aim to achieve?
View related lesson
A
Increase state ownership and control in the economy
B
Reduce the financial burden on the government and improve efficiency
Â
C
Increase job losses and reduce public services
2
What is privatization?
View related lesson
A
The transformation of government-run entities into self-financing enterprises
B
The transfer of ownership and control of state-owned enterprises to private investors
C
The granting of greater autonomy to government-run entities
Â
3
What is commercialization?
View related lesson
A
The transfer of ownership and control of state-owned enterprises to private investors
B
The granting of greater autonomy to government-run entities
Â
C
The transformation of government-run entities into self-financing enterprises
4
What is the negative impact of privatization and commercialization programs?
View related lesson
A
Increased job opportunities
Â
B
Reduced access to public services for the poor and vulnerable populations
C
Decreased efficiency in the industry
5
What is the aim of commercialization?
View related lesson
A
To reduce government spending
B
To generate revenue and operate as independent commercial entities
Â
C
To encourage private sector investment
6
What is the difference between privatization and commercialization?
Â
View related lesson
7
What is the aim of privatization and commercialization programs?Â
Â
View related lesson
8
What are some negative impacts of privatization and commercialization programs?
View related lesson
Loading lesson…