Which of the Following Refers to the Contracting of Private

question 31

Multiple Choice

Which of the following refers to the contracting of private companies by the government to conduct work that was formerly done by government agencies?

• A) personalization
• B) privatization
• C) marketization
• D) proliferation
• E) capitalization

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Definitions:

Laissez-faire

An economic doctrine that opposes governmental intervention in market exchanges, advocating for a free market system.

Democratic

Pertaining to a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

'Least-preferred co-worker'

A concept used in Fiedler's contingency theory to gauge a leader's task or relationship orientation based on their description of a difficult co-worker.

Play-oriented

An approach or attitude focusing on play and enjoyment, often in the context of learning or creative activities.