A major disadvantage of the privatization policy is that?
Answer Details
One major disadvantage of the privatization policy is that the government would lose control of the economy. This means that private companies and individuals would have more power over key sectors such as healthcare, education, and utilities, which could result in higher costs and reduced access for the general public. Additionally, private companies may prioritize profit over public interest, which could lead to lower quality services and products. Overall, privatization could lead to a less equitable and less regulated economy.