Question

positive impact of privatization. any three point​

Answer 1

Kindly refer the attachment

Answer 2

Privatization is the process of allowing private ownership and management of firms.

Explanation:

The process of privatization has helped people in many ways.

• It has increased business competition due to which firms are forced to produce better goods and provide better services at lower prices.
• It has given customers a real choice as they can select from a wide range of products and services.
• Privatization has also resulted in the creation of more employment opportunities for people as the eligibility criteria for working in the private sector is a bit lenient as compared to the public sector.