Question

Drag each statement to indicate a benefit or drawback of the privatization of water.

A) Increased efficiency
B) Higher costs for consumers
C) Improved water quality
D) Reduced accessibility for low-income individuals

Answer 1

The privatization of water can have both benefits and drawbacks, including increased efficiency and higher costs for consumers. It can also lead to improved water quality, but reduced accessibility for low-income individuals.

Step-by-step explanation:

The privatization of water can have both benefits and drawbacks. One benefit is increased efficiency, as private companies are often more focused on maximizing profits and may be able to operate more efficiently than public utilities. Another benefit is improved water quality, as private companies may invest in better treatment technology. However, privatization can also lead to higher costs for consumers, as private companies may charge higher prices for water to make a profit. Additionally, privatization can result in reduced accessibility for low-income individuals, as private companies have incentives to serve areas that are more profitable.