Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following option shows the negative impact of "Privatisation"? |
Encouragement of social interest Highly priced goods Both 1 and 2 None of the above |
| Highly priced goods |
| Privatisation functions on the basis of market mechanism. When prices rise, demand by those who can not pay this price, would fall. If it continues, this may become a major problem of inflation. If inflation is not controlled, it may affect the majority adversely. |
