0
When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
Wiki User
∙ 9y ago
When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is the importance of privatization?
The importance of privatization can be seen in various aspects of the economy. There is improved efficiency which will translate to more productivity.
How can privatization help economy?
Privatization is the foundation of capitalism. It creates more jobs for people and also allows for more levels of jobs.
One of the major elements in the restructuring of the Russian economy since 1985 is?
privatization
What are the benefits of privatization to stake holders in the economy of Zimbabwe?
stakeholders are people with direct interest with the activities of a busness such as the community
What are the advantages of traditional economy system?
A traditional economy is based on an established economy that has proven successful in the past. Resources are allocated by inheritance. There is no waste of resources and roles are well defined. A huge disadvantage, however, is a resistance to change.
What are the merits and demerits of the privatization policy in Nigeria?
Privatization developed a country's economy by strengthening the quality of the product.
What is the importance of privatization?
The importance of privatization can be seen in various aspects of the economy. There is improved efficiency which will translate to more productivity.
How can privatization help economy?
Privatization is the foundation of capitalism. It creates more jobs for people and also allows for more levels of jobs.
One of the major elements in the restructuring of the Russian economy since 1985 is?
privatization
How could a country develop economy without a large supply of mineral resources?
They could be successful in manufacturing, industry, and tourism.
How can you improve Philippine economy?
Improving the Philippine economy is contingent on industrialization and privatization of those industries. Outside investment is absolutely essential to this improvement.
Impact of privatization and liberalisation of Indian business?
The privatization and liberalization of Indian business has created a burgeoning economy. Since restrictions were lessened, a large middle class has grown up in the subcontinent.
Advantages of privatization in Uganda?
privatization has benefits to the Government, Social and Economy.for the government when it sells the entity it will raise its revenue, Puntland Privatized Government owned entities like BASAWAYN
The effect of privatization on nigeria economy?
1 It wil bring reduction in goverment responsibility on the warefare of the society.
What are the benefits of privatization to stake holders in the economy of Zimbabwe?
stakeholders are people with direct interest with the activities of a busness such as the community
What are the advantages of traditional economy system?
A traditional economy is based on an established economy that has proven successful in the past. Resources are allocated by inheritance. There is no waste of resources and roles are well defined. A huge disadvantage, however, is a resistance to change.
How do these resources affect the economy in Newfoundland?
What resources
