The question of whether current public functions should be performed by the goverrnnent or private sector is addressed by
A)industrial policy.
B)privatization.
C)central planning.
D)moral suasion.

Question

Quizplus · Accepted Answer

Privatization refers to the transfer of ownership and management of public (government) functions or assets to the private sector. Therefore, it directly addresses the question of whether these functions should be performed by the government or private sector. The other options listed are not directly related to this question. Industrial policy refers to a government's strategy for economic development and may or may not involve privatization. Central planning refers to a system in which the government sets targets and plans for the economy, which may or may not involve the private sector. Moral suasion refers to the use of persuasion or appeals to values as a means of influencing behavior and is not directly related to the question of government vs private sector ownership of public functions.

The Question of Whether Current Public Functions Should Be Performed