JAMB Government 2006 Question 15

Question 15

Public Corporations

A major merit of privatization is that it increases

  1. A.industrial harmony
  2. B.activities on the stock exchange
  3. C.public fiscal resources
  4. D.labour turnover.
Show the answer and explanation

Answer: B (activities on the stock exchange)

Explanation

When government enterprises are sold, their shares are bought and traded by the public, which increases activity on the stock exchange.