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Liberalisation, Privatisation And Globalisation — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsLiberalisation, Privatisation And Globalisation1 Mark
Question
Give any two drawbacks of privatisation.
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Answer

The drawbacks of privatisation are:
  1. Socialistic pattern of society is disturbed.
  2. Privatisation leads to disparity in incomes.

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