• Differentiate between privatization and deregulation?
- OiyLv 56 months ago
Deregulation means the state will reduce interference in society. Privatization means the State will sell its businesses to private investors.
- ZirpLv 76 months ago
privatisation means that things that were owned collectively by an association or a government (often without making a profit) are handed over to private parties who will want to make a profit. We've seen this done to railroads, postal services, telephone....
Deregulation means doing away with regulations for companies to comply to. like environmental, quality- and work-safety regulations, hiring people with diplomas and credentials..
- rustbucketLv 66 months ago
Privatization is building on something, deregulation is subtracting from something.,