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Veseljchak [2.6K]
3 years ago
6

In the last half of the twentieth century, Britain's Conservative Party sold state-owned enterprises to individual investors in

order to create a free market economy. What process was Britain using to create this economy?
Business
2 answers:
timama [110]3 years ago
7 0

Answer:

Privatization

Explanation:

The process of selling state (government) owned enterprises to individual investors by the British Conservative Party in the last half of the twentieth century is known as privatization.

Privatization (in this instance) is the transfer of ownership of government owned businesses to private businessmen by the government at the helm of affairs for a fee.

Losses, poor business management skills, rising government expenditures such as subsidies etc. are some of the reasons governments embark on the privatization process.

Governments sometimes, can be such terrible business managers hence privatization which creates a free market economy also known as capitalism.

AlladinOne [14]3 years ago
4 0

Answer:

Privatization

Explanation:

Privatization is a process in which the government sells companies it owns to private investors. This allows the industry to become less regulated as it has less government control which contributes to have a free market which is a system that has little or no control by the government. According to this, the process that Britain was using to create this economy is privatization.

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Answer:

a. Capitalized : Equipment

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Explanation:

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4 0
3 years ago
Which of the following accurately describes a shortage?
muminat
"Consumer demand for a certain car is greater than the number of cars that can be produced" is the one among the following that <span>accurately describes a shortage. The correct option among all the options that are given in the question is the first option or option "a". I hope the answer helps you.</span>
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maria [59]

Answer:

some goods aren't internationally traded

Explanation:

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It is used to measure and compare prices at different locations.

The purchasing power does not hold good in the short to the medium run as different countries produces different goods and as such all the goods are not internally traded all over the locations or countries.

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