the poor will suffer since all that matters to private companies is that they have to make a profit...Hence, the price of the water will increase, as the cost for a better water system is very high, but still the private businesses invest in it....
mein nahi jantey yeh madhaat karooo yaar na....
One disadvantage of water privatization is the potential for increased water prices. When water systems are owned and operated by private companies, they may prioritize profit over providing affordable access to clean water. This can disproportionately affect low-income communities who may struggle to afford the increased costs. Additionally, privatization can lead to a lack of transparency and accountability in decision-making processes, as private companies may prioritize their own interests over public health and safety.
Privatization has both advantages and disadvantages. It can be better working as advantage but can be more hectic as disadvantage.
efficient
One of the disadvantages of privatization is that some companies will attempt to evade paying taxes. Another disadvantage is consumers can pay more for products and services if there is not another competitor. For example, if the Water Company is private and charges a high rate for consumer use then the customer loses.
There are many advantages of privatization of education including being able to supply children with more individual care. One disadvantage is that it is not available to everyone.
You can stop water privatization by advocating for strong public ownership and management of water resources, supporting legislation that promotes public control of water systems, and raising awareness of the negative impacts of privatization on quality, access, and affordability of water. Additionally, you can join community actions and campaigns to protect water as a public good.
Privatization can be good if it eliminates the need for government monetary contributions to a governmental entity. An example would be the privatization of the United States Postal Service in the 1970's. Privatization can be bad if it raises the cost of goods or services to a rate which the consumer cannot possibly afford. An example of this would be the privatization of Bolivian water treatment plants in this decade.
the diadvantage of water transport disadvantage of watertransport
When a state corporation has been privatized there is less bureaucracy. Private companies tend to deliver goods and services more efficiently.
The advantage of commercialize in Nigeria is that it has allowed private businesses to rise. The disadvantage of commercialism in Nigeria is that the prices of goods and services has risen.
what are the reasons for the privatization in Pakistan
Privatization of water use has resulted in increased costs for consumers, inconsistency in access to clean water, and potential neglect of environmental concerns in favor of profit. It has also led to disparities in water quality and availability among different socio-economic groups.
Features of privatization