How Are Today's Privatization Programs, Often Associated with Neoliberalism, an Unsurprising

question 32

Multiple Choice

How are today's privatization programs, often associated with neoliberalism, an unsurprising result of Adam Smith's perspective on economic growth?

• A) Smith's belief in increased governmental control of the market is in opposition to privatization.
• B) Smith argued for unfettered competition in the market and called for government assistance to ensure this result.
• C) Smith's belief in laissez-faire-"leave it alone"-economics calls for a free market.
• D) Smith supported the idea of colonialism and felt that governments were best suited to implement privatization.

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Definitions:

Motion Sensors

Motion sensors are devices that detect moving objects, typically used in security systems, lighting controls, and automated systems to respond to the presence or movement of people or objects.

CCTV

Stands for Closed-Circuit Television, a system of video cameras used to transmit a signal to a specific place, on a limited set of monitors, for surveillance purposes.

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Ground Wire

An electrical safety wire that provides a path for electrical current to safely earth in case of a fault, helping to prevent electric shock.