Read the two statements and choose the correct option.
I. Some public sector firms continued in areas where the private sector could later have done the job.
II. Public sector firms were always more efficient than private firms.

Only ICorrect answerYour answerOnly IICorrect answerYour answerBoth I and IICorrect answerYour answerNeither I nor IICorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

The state stayed in fields long after private firms could serve them: I is true.
Many public firms were inefficient and loss-making, so II is false.

Ten questions from Industry & Trade, 1950–90, at your own pace.

Ten questions from Industry & Trade, 1950–90, at your own pace.

Read the two statements and choose the correct option.I. Some public sector firms continued in areas where the private sector could later have done the job.II. Public sector firms were always more efficient than private firms.