passwella.
Menu

WAEC Economics 2004 Question 33

Question 33

Industrialisation

Which of the following will ensure efficiency in the industrial sector of your country?

  1. A.indigenization
  2. B.privatisation
  3. C.nationalization
  4. D.liquidation
Show the answer and explanation

Answer: B (privatisation)

Explanation

Private owners driven by profit tend to run enterprises more efficiently than government.