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Question
Is privatization good or bad?
Is privatization good or bad?
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Solution
Privatization is gainful for the development and supportability of the state-possessed ventures. Privatization consistently helps keep the buyer needs highest, helps the legislatures pay their obligations, helps in expanding long-term occupations, and advances serious productivity and open market economy.
Also see:
- Objectives of Privatisation
- What Is the Difference Between Liberalisation and Privatisation?
- What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
- What Led to LPG Reforms?
Stay tuned to BYJU’S to learn similar Commerce Questions.
Privatization is gainful for the development and supportability of the state-possessed ventures. Privatization consistently helps keep the buyer needs highest, helps the legislatures pay their obligations, helps in expanding long-term occupations, and advances serious productivity and open market economy.
Also see:
- Objectives of Privatisation
- What Is the Difference Between Liberalisation and Privatisation?
- What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
- What Led to LPG Reforms?
Stay tuned to BYJU’S to learn similar Commerce Questions.
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