SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

What are the Disadvantages of Privatisation

Author: eric_galvao



Answer:

-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


0 / 5  (0 ratings)

1 answer(s) in total