Which of the Following Is Correct with Respect to Privatization

question 58

Short Answer

Which of the following is correct with respect to privatization?
The TNT Post Group in the Netherlands has been converted from private to government ownership.
Privatization is most likely to occur in communist countries.
Privatization has been a general trend during the last decade, but some countries are going in the opposite direction and pursuing nationalization instead.
Several companies have been nationalized in Canada in recent years.
The recession of 2008 accelerated the trend toward privatization.

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Definitions:

Consumer Education

Programs and efforts designed to inform individuals about their rights, responsibilities, and savvy practices when purchasing goods and services.

Legal Action

The process of pursuing a lawsuit or litigation to enforce or defend one's legal rights.

Ad Substantiation

An FTC standard requiring that advertisers have a reasonable basis for the claims made in their ads.

Reasonable Basis

A concept often used in law and regulations, referring to a well-founded rationale for decisions or actions.