To privatize an industry mean to transfer ownership of something from the government to the private sector, or to the public, which increases competition.
they lack experience running profitable firms, are often corrupt and have sociopolitical agendas that conflict with efficient operations
ure ugly
Standard of living
privatize
privatize
privatize
they lack experience running profitable firms, are often corrupt and have sociopolitical agendas that conflict with efficient operations
they lack experience running profitable firms, are often corrupt and have sociopolitical agendas that conflict with efficient operations
ure ugly
Gary Clail
Standard of living
privatize
privatize
privatize privation
1999
A highly organised centrally planned economy will be a lot more efficient than a new and disorganised market economy, as it takes time for consumers to reveal their preferences, industry to make investment and products to be produced at rates which are efficient.
This is a question that's answer is soley based on opinion.