Indv 102 Extra Credit Exam Three

Indv 102 Extra Credit Exam Three - Christina Freeman 4-9-08...

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Christina Freeman 4-9-08 Indv. 102 Sec 43 Extra Credit: Exam 3 Privatization The general ‘rules of thumb’ for when private markets are likely to work well in selling ‘public’ goods are when we know what we want, we do not care how it is made, we can easily measure performance, and we can replace a poor performing contractor. Privatization of business is quickly becoming a more apparent trend in American economy. Many more states are turning to privates to run more public goods. This could be a direct effect from smaller state budgets because of the slowed income revenue due to falling real estate and sales taxes. We can replace something that is not performing up to our standards with a different contract. That is precisely what we see happening. Privatization can prove to be a solution to necessitate getting money quickly. Privatization can often times take a much needed burden off the wallets of tax payers. (Sammon, Richard). Some people opposing privatization will say that it is not reliable enough over the long
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This note was uploaded on 05/11/2008 for the course INDV 102 taught by Professor Polakowski during the Spring '08 term at University of Arizona- Tucson.

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Indv 102 Extra Credit Exam Three - Christina Freeman 4-9-08...

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