Day: July 31, 2021

Which statement about nationalised and privatised industries is correct?

Select ONE answer:

1. A privatised industry is usually less competitive than a nationalised industry.
2. A profitable private company cannot be nationalised.
3. Privatisation is a form of monetary policy.
4. Privatisation is a way of raising money for the government.

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

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