Question 5
Government and BusinessA major disadvantage of the privatisation policy is that
- A.the economy would be private-sector-led
- B.citizens would benefit less from government
- C.more money would be brought into circulation
- D.government would loss control of the economy
Show the answer and explanation
Answer: D (government would loss control of the economy)
Explanation
When public enterprises are sold to private owners, government loses its direct say over key sectors of the economy.