A disadvantage of privatization is that
- there is reduction in the quality of goods
- there is incipiency in the supply of goods
- the existence of monopoly is high
-
the profit motive outweighs public interest
The correct answer is: D
Explanation
Privatization as we all know is the transfer of the ownership of a public enterprise to private individuals or the private sector for the sole purpose of profit maximization.
This profit-driven motive is disadvantageous in the way that, the establishment or enterprises ends up placing their need to make a profit above service delivery which is the core motive of public enterprise.