Mention the advantages and disadvantages of privatization.
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The advantages of transferring government-owned assets to the private sector are increased efficiency and profits, largely because competition incentivizes innovation and improvement. The disadvantages of privatization are decreased regulation and government revenue.
Advantages & Disadvantages of Privatization
Advantage: Increased Competition. In the business world, competition is a good thing. ...
Advantage: Immunity From Political Influence. ...
Advantage: Tax Reductions and Job Creation. ...
Disadvantage: Less Transparency. ...
Disadvantage: Inflexibility. ...
Disadvantage: Higher Costs to Consumers. ...
Privatization Pros and Cons at a Glance.
PLS MARK AS BRAINLIEST IF IT IS...
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