What Is True of Privatization of State-Owned Enterprises

question 43

Multiple Choice

What is true of privatization of state-owned enterprises?

• A) It leads to a decline in productivity throughout the private sector.
• B) It was done in order to stop the drain on national budgets due to inefficient state-owned enterprises.
• C) It blocks capital mobility to strategic areas.
• D) It leads to a change in political leadership.
• E) It acts as a setback to the process of modernization.

---

Definitions:

Fundamental Attribution Error

The tendency to overestimate the impact of personal traits and underestimate the influence of situations when explaining others' behaviors.

Scheduled Work Break

A specified interval during work designated for rest or leisure.

Lazy

A descriptor for a lack of effort or motivation to engage in activities or work, often characterized by procrastination or avoidance.

Fired

The termination of an individual's employment due to performance issues, misconduct, or other reasons decided by the employer.