The argument made in favor of privatization is:
A)that the government can make more money with which to pay off its debts.
B)that the private sector can only make zero economic profit.
C)that the private sector will operate more efficiently than the public sector.
D)that the government can devote more time to administrative matters.
E)the government can keep a track of the activities of the private sector.

Question

Quizplus · Accepted Answer

The argument in favor of privatization is often that the private sector will operate more efficiently than the public sector. This is based on the belief that private companies have a greater profit incentive and more flexibility in decision-making, which could lead to cost savings and better service quality. Other options listed (A, B, D, E) do not accurately represent arguments made in favor of privatization.

The Argument Made in Favor of Privatization Is