Question

In many industrialized areas of the world, privatization has been the norm for about 30 years. In which of the following areas is this not the case?
A. Latin America
B. France
C. China
D. The United Kingdom

Answer 1

Answer:

Latin America

Explanation:

In Latin America, citizens are opposed to government privatization policies. The more educated Latin Americans are, the lesser their support for privatization of state-owned means of production. As a result of this, privatization is highly unpopular in Latin America.

Privatization has sparked large-scale protests in Latin America. A large majority of Latin Americans are of the opinion that privatization has not helped economic development of the region. The percentage of the Latin American population who hold this view has been increasing steadily in recent years.

While privatization has been the norm in many industrialized nations, the same can not be said concerning Latin America.