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From course:

Economics A Level (DONEEEEEEE)

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Question:

What would Privatisation Cover?

Author: eric_galvao



Answer:

-Sale of Public Firms: Royal Mail was Privatised via Sale of Shares -Contracting out Services. Government pays Private Firms to carry work out on the government's behalf -Competitive Tendering: Private Firms will Compete/Bid to get a Contract, and compete on Price and Quality -Public Private Partnerships (PPP) is where Firms work with the Government to Provide/Build something for the Public.


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