Question

Please tell me points of merits and demerits of privatization​

Answer 1

Explanation:

Advantages of Privatization:

1. Financial Resources

2. Optimum Utilisation of Resources

3. Fostering Competition

4. Reduce Fiscal Burden

5. Economic Democracy

6. Better Industrial Relations

7. Reduction in Political Interferences

8. Reduction in Bureaucracy

9. More Productivity

10. Economical

11. Individual Motivation

Disadvantages of Privatization:

1. Problem of Price

2. Opposition from Employees

3. Problem of Finance

4. Improper Working

5. Independence on Government

6. High-Cost Economy

7. Concentration of Economic Power

8. Bad Industrial Relations

9. Widespread Sickness

10. No Guarantee of Success

11. Ambulance Development

Answer 2

Answer:

Hola!

here is your answer mate______☺️

Merits of prevatization are:

• Financial resources
• Economic democracy
• Better industrial relations
• More Productivity
• Individual motivation

Demirits of prevatization are:

• Problem of price
• Problem of Finance
• Improper working
• High cost Economy
• No guarantee of success

Hope it helps you

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