Asked by Logan Storie on Apr 24, 2024
Verified
Rather than hire federal workers to make infrastructure repairs to interstate highways, the government contracted with local construction companies in the affected areas to complete the work. This an example of which of the following?
A) Deregulating
B) Insourcing
C) Capitalization
D) Privatization
E) Liquidation
Privatization
The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.
Federal Workers
Employees of the federal government who work in various departments and agencies, contributing to the administration and implementation of government policies.
Infrastructure Repairs
The process of fixing and restoring essential public facilities and systems, such as roads, bridges, and water supply systems.
- Understand the concept and implications of privatization within government services.
Verified Answer
SR
Sahil Rahman7 days ago
Final Answer :
D
Explanation :
Privatization is the act of transferring ownership and control of a government service or industry to a privately owned entity. In this case, the government is contracting with private construction companies to complete the infrastructure repairs rather than using federal workers to do the job.
Learning Objectives
- Understand the concept and implications of privatization within government services.