The main goal of privatization is to ________.
A) lower responsibility and accountability
B) increase economic efficiency
C) increase subsidies to companies
D) slow economic growth

Question

Quizplus · Accepted Answer

The main goal of privatization is to increase economic efficiency by transferring ownership and control of government-owned assets to private businesses or individuals. Privatization is seen as a way to increase competition, reduce bureaucracy, and improve overall productivity and profitability. Lowering responsibility and accountability, increasing subsidies to companies, or slowing economic growth are not commonly viewed as goals of privatization.

The Main Goal of Privatization Is to ________