Most nations recognize that private enterprise is detrimental to business growth and what is best for consumers. Recently, Evensplitia had the opportunity to sell its government-owned telecommunications system to a private firm. Instead it realized that it would be better off if it raised taxes so that it could maintain the status quo.

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Privately owned businesses tend to grow and prosper as compared to businesses that are owned by governments. Governments are often unable to financially support these businesses at much beyond a level of subsistence. Most countries that have sold or privatized their government-held businesses have found that these particular industries have expanded at a faster rate.

Most Nations Recognize That Private Enterprise Is Detrimental to Business