WAEC Economics 2021 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Economics 2021 Objective paper, with the correct answer and a full explanation.
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30. Which of the following is not an argument for the policy of privatization in West Africa?
- A. To make businesses more profitable
- B. Government is able to participate and control the operation of the privatized businessesCorrect
- C. Members of the public are able to acquire shares
- D. It encourages the inflow of capital and expertise from local and foreign sources
Explanation
Privatization means transferring control from government to private owners, so government retaining control contradicts (is not an argument for) privatization.
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