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4 marksEconomic Sectors and Legal Structures

CAPE Management of Business Unit 1 · 2014 · Paper 2 · Question 1(a)

The state-run bus transit system in Sunset Island has operated at a deficit for a decade, and the authorities intend to privatise it.

Outline the difference between 'privatization' and 'nationalization'.

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Other parts of this question

  1. 1(b)Explain THREE negative impacts that Sunset Island may experience as a result of the government privatizing the bus system.[9 marks]
  2. 1(c)Discuss THREE ways in which the country may benefit from the privatization of the bus system.[12 marks]

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