Question

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


It converted privately owned companies to state-owned businesses.

It developed stricter regulations in these industries for health and safety reasons.

It heightened security in these businesses to protect the privacy of British citizens.

It sold these government-owned businesses to individuals.

Answer 1

Answer: It sold these government-owned businesses to individuals.

Step-by-step explanation:

When a business is said to be privatized, it means that it was converted from being government-owned to be private owned. This happens when the government sells the businesses to individuals.

Privatisation is usually done to improve efficiency because the businesses privatized will now be ran for a profit as opposed to when it was funded by the government and could afford to make losses.