Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 2 Business Studies: Forms of business units lessons

Disadvantages of privatization of state corporations

 (3m 54s)
1131 Views     SHARE

Download as pdf file

Answer Text:
Disadvantages of privatization.
-It may lead to foreign dominance of economy
-leads to formation of monopolies through mergers
-Where privatized firms are owned by one person, they exploit consumers.
-May result to loss of revenue to the government.


|