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Question
What are the effects of privatization?
What are the effects of privatization?
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Solution
Significant impacts of privatization are:
– To diminish the weight of the Government.
– To fortify competition.
– To further develop public funds.
– To support foundation development like infrastructure.
– Accountability to investors.
– To diminish pointless impedance.
– More focused workforce.
Also see:
- Objectives of Privatisation
- What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
Stay tuned to BYJU’S to learn similar Commerce Questions.
Significant impacts of privatization are:
– To diminish the weight of the Government.
– To fortify competition.
– To further develop public funds.
– To support foundation development like infrastructure.
– Accountability to investors.
– To diminish pointless impedance.
– More focused workforce.
Also see:
- Objectives of 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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