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One of the advantages of privatization is that it

One of the advantages of privatization is that it

  • A.
    relieves government of its liquidity problem
  • B.
    makes the poor to be richer
  • C.
    gives private individuals control over public corporations
  • D.
    make public corporations more effective
Correct Answer: Option D
Explanation

The advantages of transferring government-owned assets to the private sector are increased efficiency and profits, largely because competition incentivize innovation and improvement.