Which of the following is NOT the argument for privatization? a. Decrease productivity and efficiency. b. Relieves financial and administrative burden of the public sector to private sector. c. Increase productivity. d. Enhances efficiency.
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- How would you describe the processes characterized as the "starve-then-sell strategy" being used to cut public services and push privatization? Klein, Naomi. The Battle for Paradise: Puerto Rico Takes on the Disaster Capitalists. 2018. https://search.ebscohost.com/login.aspx?direct=true&AuthType=sso&db=nlebk&AN=1810626&site=ehost-live&custid=s3604775&ebv=EK&ppid=Page-__-1In today's world, there is a growing trend toward privatization of governmental services. What are some of the benefits and detriments of privatization? What is your position on privatization and why?jHow might conscious capitalism be applied in international markets? Give an example of a company that has exercised conscious capitalism and why it has worked. Why is it important? How would you leverage that strategy as part of the Christian worldview? Social responsibility and Christian worldview?
- How can or should U.S. innovation be encouraged? What is government's role? How shall this role, if any, be paid for?discuss in detail the process of privatizationWhat is the proper role of the government in regulating the private sector so people are protected from unfair or dangerous business practices? Why?
- What is an institution? Give examples of (and explain the differences between) formal and informal institutions. Compare (how are they similar) and contrast (how are they different) them to organizations?Which of the following is true of Common Sense? A. It called on the patriots to accept Parliament’s authority B. It called the colonists insane for leaving Great Britain C. It called on Great Britain to compromise with the colonies D. It proposed having a republican form of government1. Why might government be less capable than the market to do good? 2. The text makes it look as if maximizing output is the goal of society. a. Is maximizing output the goal of society? b. If the country is a Christian country, should it be? c. If not, what should it be? (Religious) 3. It has been said that “capitalism robs us of our sexuality and sells it back to us.” a. Does sex sell? b. Is sex used to sell goods from Land Rovers to tissue paper? c. Who, if anyone, is exploited in the use of sex to sell commodities? d. Are both men and women exploited in the same ways? (Feminist) 4. Thorstein Veblen wrote that vested interests are those seeking “something for nothing.” In chapter 2, you learned how technology shapes the economy’s production possibilities over time so that a country becomes increasingly good at producing a subset of goods. a. In what ways have vested interests used their influence to bias the U.S. economy toward the production of military goods at the expense…
- Why are truly global companies often seen as “evil”? What can be done to help them create the “Good Guy” image? Strikes in China are becoming common (e.g., a recent strike at Honda factories that led to a 25% wage increase). How does increasing wages in China affect the US (wages, prices, employment, wealth, etc)?Thinking in terms of economic efficiency, almost all economists agree that some government agencies are needed to have economic efficiency because they can ensure ... Group of answer choices a. Private property rights b. Companies earn profits c. Consumers will always receive good products d. Governments can redistribute wealthThink of, for example, the police force that protects property rights, market regulators that ensure fair competition, monetary authorities that monitor a sound currency, or an impartial judiciary that enforces business contracts. Each, as an agent of the state, safeguards economic freedom. Hence, economic freedom does not exist ___________ (independently OR interactively) of the state. Rather, it is both _____________ (protected OR threatened) and _________________ ( liberated OR regulated) by the state.