Privatization And Commercialization As Solutions To The Problems Of Public Enterprises Jamb Economics Past Questions
Question 1
The privatization of public enterprises will lead to the efficient management of resources in the economy. This statement can best be described as_____________
- A. deductive reasoning
- B. positive reasoning
- C. normative reasoning
- D. inductive reasoning
Question 2
The transfer of public share holding in corporations to private enterprise is___________?
- A. Incorporation
- B. Concession
- C. Privatization
- D. Commercialization
Question 3
The transfer to public shareholding corporations to private enterprises is
- A. concession
- B. incorporation
- C. commercialization
- D. privatization
Question 4
The present privatization policy in Nigeria is aimed at?
- A. reducing income inequality
- B. reducing the prices of goods and services
- C. poverty alleviation
- D. increasing efficiency in production
Question 5
The concept of privatization presupposes?
- A. efficiency
- B. marketing trade
- C. indigenization
- D. foreign trade
