Question

The country of Morson has decided to privatize the state-owned cable television company. How can the country help this newly privatized industry succeed

Answer 1

Government Support

Step-by-step explanation:

Privatization is better for a country. It minimizes the monopoly and encourages healthy competition. Increased competition in the business world is good. There can be variety of services available to the consumers. Government should support privatization by introducing schemes of interest free loan for investors. There will be large number of firms that might want to enter business world but the money is not available to them for startup.