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OK, very briefly, the merits or advantages of taking a company from state-owned to a private company are that it will force the company to operate efficiently without state subsidies. If it does not do so it will go out of business. It will be forced to compete with other companies and will have to reduce costs.

The big demerit or disadvantage is that the company will no longer operate in the public interest. While a state-owned company primarily serves the citizens of the stae, the primary goal of a privately operated company is to make profit. It may make these profits at the expense of its customers without serving them properly. For example, it may choose the market which is most profitable to operate in and leave lsss wealthy customers without a service.

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16y ago
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2w ago

Privatization of education can lead to increased competition and choice for students and parents. However, it may also result in unequal access to quality education based on affordability. Additionally, privatization can lead to profit-driven practices that may compromise the quality of education provided.

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15y ago

the advantaage of private ed is that it is more efficient; the disadvantage is that since it costs more, fewer people will get an education

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Q: What are the advantages and disadvantages of privatization of education?
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