The View That Private Ownership Is Superior to State Ownership

question 68

Multiple Choice

The view that private ownership is superior to state ownership in economic policy making is known as the:

• A)​Beijing Consensus.
• B)​Washington Consensus.
• C) ​Moral hazard.
• D) ​Stewardship theory.

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An organized method used by businesses to acquire goods and services, involving procedures for requisition, selection, and procurement.