Commerce JAMB

Citizens are against privatization mainly because of?

A. Ineffective Management
B. The likely hood of monopoly
C. Increased price of good and services
D. The ration dilation of organizations.

Correct Answer:

Option C – Increased price of good and services

Explanation

Privatization of government owned companies will bring about an increase in prices of goods and services and this situation will definitely not make the citizens to be happy with the issue of privatization and as such, they will be against it.

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