Governments throughout Canada are privatizing services that they have traditionally offered in response to:
A)new laws and regulations that have been passed mandating that these services be privatized.
B)as a means of increasing the scope of their involvement in the economy.
C)an opportunity to realize huge ongoing profits from royalties they will collect from private companies who acquire these services.
D)as a means to reduce the role of government in the economy.

Question

Quizplus · Accepted Answer

Governments are opting to privatize services to reduce their role in the economy. This allows for an increased role for the private sector, which can lead to greater efficiency and cost savings. Additionally, privatization can allow governments to focus on their core functions and responsibilities. While laws and regulations may have influenced the decision to privatize in some cases, it is not a universal factor. Similarly, the opportunity to collect royalties is not a primary motivator for privatization.

Governments Throughout Canada Are Privatizing Services That They Have Traditionally