The effect of privatization on the industrial sector of a...
The effect of privatization on the industrial sector of a country is that it
Ensures efficiency
Discourages efficiency
Leads to decrease in output
Leads to liquidation
Correct answer is A
Privatization involves selling state-owned assets to the private sector. It leads to efficiency in the sense that, it increases employment and productivity. Private market factors can more efficiently deliver many goods or service than governments due to free market competition.
Which of the following is a form of tax evasion? ...
The sloping downward of the demand curve implies that ...
The investment expenditure of an economy changes by N2 million and MPC is 0.75 The multiplier is ...
A budget with a projected revenue in excess of its expenditure is said to be ...
What fundamentally determines how much a consumer spends in a producer's shop? ...
Which of the following best describes token money? ...
Division of labour is limited by the? ...