Question:
What are the Disadvantages of Privatisation
Author: eric_galvaoAnswer:
-Privatised Public Monopoly will most likely become a Private Monopoly, so there needs to be Extra Measures to Ignore This -Privatised Firms may care less for Safety and Quality and Society, because they want to Maximise Profits -Regulating may be needed to Prevent a Private Monopoly from occurring -PFI can cost More in the Long Run, adding to Government Debt and not being Completely Worth It -PFI may furthermore mean Higher Taxation for the Future to Pay of, due to the cost of Leasing it
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