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Mention three arguments against privatisation. - Economic Applications

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प्रश्न

Mention three arguments against privatisation.

Give three arguments against privatisation of public sector enterprises.

Discuss two arguments against privatisation.

संक्षेप में उत्तर

उत्तर

Three Arguments Against Privatisation:

  1. Many public sector companies have been established to promote welfare goals such as social justice. Privatisation of such businesses may be impossible. 
  2. Profit is the primary motive behind private sector firms. They do not want to provide items to consumers at discounted costs. 
  3. When public sector firms are privatised and taken over by the private sector, unemployment will result. 
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Arguments Against Privatisation (Or Disinvestment)
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: The State and Economic Development - QUESTIONS [पृष्ठ १६७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 6 The State and Economic Development
QUESTIONS | Q 37. | पृष्ठ १६७
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 6 The State and Economic Development
QUESTION BANK | Q 26. | पृष्ठ १७१

संबंधित प्रश्न

Explain four benefits of privatisation.


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