WAEC Economics 2021 Question 30

Question 30

Business Organisations

Which of the following is not an argument for the policy of privatization in West Africa?

  1. A.To make businesses more profitable
  2. B.Government is able to participate and control the operation of the privatized businesses
  3. C.Members of the public are able to acquire shares
  4. D.It encourages the inflow of capital and expertise from local and foreign sources.
Show the answer and explanation

Answer: B (Government is able to participate and control the operation of the privatized businesses)

Explanation

Privatisation reduces government control, so this is not an argument for it.