Privatisation is the transfer out ?
Correct answer: C. government businesses to the private sector
- A. Publicly held stock to private individuals
- B. corporately owned businesses to individuals
- C. government businesses to the private sector
- D. Privately owned business to the government sector
Explanation
Privatisation means transferring ownership or control of government-owned enterprises to private owners or the private sector. It is the reverse of nationalisation.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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