19. What is "privatization"?
A. Expansion of public sector jobs
B. Selling government-owned services to private entities
C. Taxing private corporations
D. Increasing social services
Answer (1)
The answer is letter B. Selling government-owned services to private entitiesPrivatization is when the government sells or transfers control of a public company or service (like water or electricity) to a private business. This is done to improve efficiency and reduce public spending.However, privatization must be regulated. Sometimes, private companies raise prices to earn profit, making essential services harder to afford for poor families. That’s why the government still needs to oversee how these services are delivered.
