Explain if privatisation of state owned enterprises,some of whom are monopolies,will be good or bad for the country ?

1 answer:

7 0

The predicted profits – and the price paid by the government – are considerable if the government privatizes the company as a monopoly.

<h3>What do you mean by privatization?</h3>

The process of moving a business or industry from the public to the private sector is known as privatization. The area of the economy that is controlled by the government is known as the public sector.

Impacts of shared ownership privatization on the enterprises: enhanced profitability; improved labour efficiency and productivity; increased output; and more access to capital

Thus, if the privatization is owned by enterprises it will have a moderate effect on the country.

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