The effect of privatization on the industrial sector of a country is that it
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Correct Answer: Option A
Explanation:
Privatisation involves selling state-owned assets to the private sector. It leads to efficiency in the sense that, it increases employment and productivity. private market factors can more efficiently deliver many goods or service than governments due to free market competition
Privatisation involves selling state-owned assets to the private sector. It leads to efficiency in the sense that, it increases employment and productivity. private market factors can more efficiently deliver many goods or service than governments due to free market competition