Question

Explain the advantages and disadvantages of privatization.

Answer 1

Explanation:

Advantages

1. Proper development
2. Individual profits
3. Employment genration

Dis advantages

1. No interfernce of givernment
2. No profit to nations economy

Answer 2

Answer:

Advantages and Disadvantages of Privatisation

The arguments or advantages of privatization maybe be as:

1. Financial Resources

The main advantage of privatization is to generate financial resources for the government in order to generate resources disinvestment of public sector enterprises.

2. Optimum Utilisation of Resources

It has been observed that the public sector has failed in the optimal use of national resources. The private sector may success in the optimum use of resources by maintaining efficiency.

The disadvantages of privatization are decreased regulation and government revenue. Institutions not owned by the government do not directly deliver the government revenue, and these institutions also have more freedom to pursue their own interests, which may negatively affect consumers, without government control.

Explanation: