Which of These Is NOT an Example of the Privatization

question 214

Multiple Choice

Which of these is NOT an example of the privatization of the government?

• A) FEMA is staffed entirely by private employees.
• B) The Defense Department does not produce its own weapons system, but contracts the work out.
• C) Halliburton and its subsidiary Kellogg Brown and Root feed and house soldiers in Iraq.
• D) The Corps of Engineers uses private contractors to build and maintain levees.
• E) NASA uses private contractors to build and maintain the space shuttle.

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Definitions:

SEC Oversight

Regulatory oversight exercised by the Securities and Exchange Commission, aiming to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Short-Swing Profits

Profits made from the sale of company stock within any six-month period by a statutory insider.

Statutory Insider

An individual or entity that possesses confidential information about a company due to their position or relationship to it, as defined by law.

Company Stock

Equity securities issued by a corporation, representing ownership interests in the company.