Private ownership of resources leads to _______.

profit

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economic welfare

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exploitation

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equality

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Solution

The correct option is C exploitation
Private ownership of resources leads to exploitation. Ownership of resources gives the owners a lot of power.

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Similar questions

(A) Liberalization	(1) Refers to partial or full transfer of ownership and control of PSUs to the private sector.
(B) Privatization	(2) Refers to relaxation of government's restriction in the scope of economic and social polices.
(C) Disinvestment	(3) Refers to a method of privatization, whereby part of shareholdings of a PSU is sold to the private sector.

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