Question

During the 1980s, the government of Great Britain five times a number of businesses including the post office and the telephone company. What did the government actually do?

a. It sold these government-owned businesses to individuals.
b. It heightened security in these businesses to protect the privacy of British citizens.
c. It converted privately owned companies to state-owned companies.
d. Developed stricter regulations in these industries for health and safety reasons.

Answer 1

In the 1980s, the British government privatized several state-owned enterprises, including the post office and telephone company, selling them to private entities to improve efficiency.

Step-by-step explanation:

During the 1980s, the government of Great Britain undertook privatization, which is the process of selling government-owned businesses to private individuals and companies. Notable industries that were privatized include the post office and the telephone company among others. This shift was part of a larger trend in many countries, moving away from state-run industries, which were often criticized for being inefficient, to privately owned enterprises that were expected to be more cost-effective and to provide better management.