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picture1_Transport Economics Pdf 128411 | F) Nationalisation And Privatisation


picture2_Transport Economics Pdf 128411 | F) Nationalisation And Privatisation picture3_Transport Economics Pdf 128411 | F) Nationalisation And Privatisation

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File: Transport Economics Pdf 128411 | F) Nationalisation And Privatisation
CIE Economics AS-level Topic 3: Government Microeconomic Intervention f) Nationalisation and privatisation Notes www.pmt.education Nationalisation: This occurs when private sector assets are sold to the public sector. In ...

icon picture PDF Filetype PDF | Posted on 14 Oct 2022 | 2 years ago

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...Cie economics as level topic government microeconomic intervention f nationalisation and privatisation notes www pmt education this occurs when private sector assets are sold to the public in other words gains control of an industry so it is no longer hands firms railway uk was nationalised after by nationalising natural monopolies created because inefficient have multiple sets water pipes for example therefore only one firm provides some industries yield strong positive externalities using transport congestion pollution reduced different objectives privatised which mainly profit driven social welfare might be a priority means that transferred from sells their left free market individuals also covers deregulation british airways now operates competitive economists will argue gives incentives operate efficiently increases economic operating on incentive do not since they produces goods services consumers want allocative efficiency mean higher quality competition result lower prices sell...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 14 Oct 2022 | 2 years ago
										
										
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Filetype: PDF
										
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