GCE Commerce 2022 Objective — Question 45
Question 45 of 50 from the General Certificate of Education (GCE) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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A disadvantage of privatization is
- A. High motive for profit than public interestCorrect
- B. Decline in the supply of goods
- C. Less efficiency in production of goods
- D. Increase in government expenditure
Explanation
Privatized (private) firms are primarily driven by profit, which may be pursued above public interest.
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