Question 47
Government and BusinessA disadvantage of privatization is that
- A.less personal relationship exists among workers.
- B.political influence exists in business decisions.
- C.profit motive outweighs the need to provide cheap basic goods.
- D.there is reduction in the production of goods.
Show the answer and explanation
Answer: C (profit motive outweighs the need to provide cheap basic goods.)
Explanation
Private owners put profit first, so cheap essential goods and services may no longer be provided.