Economy, asked by monukashyap200203, 6 months ago

_________ implies supremacy of self interest over social interest .​

Answers

Answered by s02371joshuaprince47
7

Answer:

Self interest

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Answered by ansiyamundol2
0

Answer:

The answer is privatization.

Explanation:

The conversion of publicly owned or publicly operated means of production to private ownership or operation is known as privatization. Typically, the justification for this move is that since privately owned businesses are subject to the market's discipline, they will be more effective.

Privatization indicates that "self-interest" takes priority over "social interest." When "self interest" rules, business owners put 100% of their effort into their work, and workers must be "efficient" in order to survive.

The obvious outcome is high productivity.

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