Question

Mention the benefits and limitations
of
Privatization​

Answer 1

Explanation:

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.

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Answer 2

Answer:

Advantages:-

1) Increased competition.

2) Immunity from political influence..

3) Tax reduction and job creation

Disadvantages:-

1) Less transparency.

2) Inflexibility.

3) Higher cost to customers.

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