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Question
What are the advantages of privatization?
What are the advantages of privatization?
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Solution
The advantages of privatization are:
- More prominent effectiveness.
- Lower charges for inhabitants.
- Decreased freedoms for political impact to drive administrations.
- Better administrations through rivalry.
Also see:
- Objectives of Privatisation
- What Is the Difference Between Liberalisation and Privatisation?
- What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
Stay tuned to BYJU’S to learn similar Commerce Questions.
The advantages of privatization are:
- More prominent effectiveness.
- Lower charges for inhabitants.
- Decreased freedoms for political impact to drive administrations.
- Better administrations through rivalry.
Also see:
- Objectives of Privatisation
- What Is the Difference Between Liberalisation and Privatisation?
- What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
Stay tuned to BYJU’S to learn similar Commerce Questions.
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