Question

(II) Describe two possible reasons why governments should want to privatize
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Answer 1

Answer:

If structured appropriately and sufficiently monitored, privatization can:

• SAVE TAXPAYERS' MONEY.
• INCREASE FLEXIBILITY.
• IMPROVE SERVICE QUALITY.
• INCREASE EFFICIENCY AND INNOVATION.
• ALLOW POLICYMAKERS TO STEER, RATHER THAN ROW.
• STREAMLINE AND DOWNSIZE GOVERNMENT.
• IMPROVE MAINTENANCE.

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