Through privatization,the government terminates its obligation to provide goods and services.

Question

Quizplus · Accepted Answer

Through privatization, the government transfers the responsibility of providing goods and services from the public sector to the private sector, but it does not completely terminate its obligation to ensure that the goods and services are being provided in a safe and efficient manner. The government still has a regulatory and oversight role in the privatized sector.

Through Privatization,the Government Terminates Its Obligation to Provide Goods and Services