Suppose a state wants to cut costs and decides to hire a private organization to handle all of its public works.What would this be an example of?

Question

Quizplus · Accepted Answer

Privatization is the process of transferring ownership and management of a public service from the government to the private sector. In this case, if a state decides to hire a private organization to handle all of its public works, it would be an example of privatization. Outsourcing, service contracting, and decentralizing services are all methods of privatization, but in this scenario, the best choice is A) Privatization as it is the most general and accurate term.

Suppose a State Wants to Cut Costs and Decides to Hire