Reasons for privatization - SS2 Government Past Questions and Answers - page 1
1
What is a potential benefit of privatization?
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A
Increased government spending
B
Reduced efficiency
C
Improved service quality
2
What is the aim of privatization?
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A
To increase government spending
B
To reduce efficiency
C
To improve productivity
3
What is a potential reason for privatization?
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A
To increase government control
B
To reduce competition
C
To attract private investment
4
What is a potential negative impact of privatization?
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A
Increased efficiency
B
Decreased service quality
C
Increased government spending
5
What is a potential benefit of privatization for the government?
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A
Increased control over the enterprise
B
Increased financial burden
C
Reduction in government spending
6
What is privatization and why is it implemented?
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7
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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