A major beneficiary of privatization is the government that receives the revenues from the sale.

Question

Quizplus · Accepted Answer

When a government privatizes a state-owned enterprise or asset, it usually sells it to private investors who pay a large sum of money as a purchase price. This generates revenue for the government which can then be used for various purposes such as reducing debt, funding public services or investing in other areas.

A Major Beneficiary of Privatization Is the Government That Receives