Question

do you think privatization should be done away completely?​

Answer 1

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✯ HERE IS YOUR ANSWER ✯

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QUESTION:

Do you think privatization should be done away completely?

ANSWER:

No,

privatization should not be done completely because Privatisation involves selling state-owned assets to the private sector.

It is argued the private sector tends to run a business more efficiently because of the profit motive.

❭ However, critics argue private firms can exploit their monopoly power and ignore wider social costs.

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