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A disadvantage of privatization is that

Commerce
WAEC 2023

A disadvantage of privatization is that

  • A. there is decline in the supply of goods
  • B. public interest outweighs the profit motive
  • C. income is unevenly distributed
  • D. there is less efficiency in the production of goods
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Correct Answer: Option C
Explanation

Income is often unevenly distributed as few individuals are now in control of the industries and also there will be reduction in employment.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts