Each act of privatization dilutes the command portion of a mixed economic system.

Question

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Privatization involves transferring the ownership and control of publicly owned assets to the private sector. This process reduces the role of the government in the economy and shifts the decision-making power towards private individuals and businesses. As a result, the command portion of a mixed economic system, which refers to the government's ability to direct economic activities, becomes weaker with each act of privatization.

Each Act of Privatization Dilutes the Command Portion of a Mixed