Which of the following statement is false concerning global privatization and deregulation programs: A) Throughout much of the 20^th century, infrastructure industries such as airlines, utilities were state-owned B) Privatization and deregulation programs have barely begun in Latin America and Asia C) The de-escalation of US-USSR East-West tensions reduced the need for governments to control essential infrastructure D) Since the 1980s, many governments have been happy to sell off their state-owned industries

Question

Quizplus · Accepted Answer

Privatization and deregulation programs have significantly progressed in Latin America and Asia, contrary to the statement that they have barely begun. Many countries in these regions have actively pursued privatization and deregulation since the 1980s and 1990s, selling off state-owned enterprises and opening up markets to competition.

Which of the Following Statement Is False Concerning Global Privatization