NECO Commerce 2023 Objective — Question 42

Question 42 of 50 from the National Examinations Council (NECO) Commerce 2023 Objective paper, with the correct answer and a full explanation.

A disadvantage of privatization is that

A. there is decline in the supply of goods
B. there is less efficiency in the production of goods
C. public interest outweighs the profit motive
D. income is unevenly distributedCorrect

Explanation

A key disadvantage of privatization is that it can worsen income inequality, as wealth becomes concentrated in the hands of a small number of private owners.

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