Which of the following is true of privatization of state-owned enterprises?
A) It leads to a decline in productivity throughout the private sector.
B) It was done in order to stop the drain on national budgets due to inefficient state-owned enterprises.
C) It blocks capital mobility to strategic areas.
D) It leads to a change in political leadership.
E) It acts as a set back to the process of modernization.

Question

Quizplus · Accepted Answer

Privatization releases immediate capital to invest in strategic areas and gives relief from a continuing drain on future national resources. Privatization of state-owned enterprises (SOEs) helped to prevent the drain on national budgets.

Which of the Following Is True of Privatization of State-Owned