Which of the following is not an argument for the policy of privatization in West Africa?

Assessment: WAEC SSCE - Economics - 2021 (Objective) Subject: Economics

Question 1 Report

Which of the following is not an argument for the policy of privatization in West Africa?

Answer Details
The argument that "Government is able to participate and control the operation of the privatized businesses" is not an argument for the policy of privatization in West Africa because the whole idea behind privatization is to transfer ownership and control of a government-owned asset or service to the private sector. Privatization is meant to reduce government involvement in business operations and to promote competition, efficiency, and accountability. If the government is still able to participate and control the operation of the privatized businesses, then it would not be considered a true privatization.
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