Question

Write two advantages of privatisation​

Answer 1

Answer:

By applying a variety of privatization techniques to state services, infrastructure, facilities, enterprises, and land, comprehensive state privatization programs can reduce program costs. Over 100 studies have documented cost savings from contracting out services to the private sector.

or

Privatization is most of the time associated with improved efficiency due to the profit incentive. Private companies will ensure they improve their operational efficiency in order to reduce their costs and improve on profits. Privatization reduces the government's political interference.

Explanation:

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Answer 2

Answer

Advantages of privatisation are :

1. SAVE TAXPAYERS' MONEY

2. INCREASE FLEXIBILITY

3. IMPROVE SERVICE QUALITY

4. INCREASE EFFICIENCY AND INNOVATION

5. ALLOW POLICYMAKERS TO STEER, RATHER THAN ROW

6. STREAMLINE AND DOWNSIZE GOVERNMENT

7. IMPROVE MAINTENANCE

Explanation:

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