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5 , Points 2 What is the relationship between privatization and unemployment? O Once a company is privatized, it will hire additional workers to continue
5 , Points 2 What is the relationship between privatization and unemployment? O Once a company is privatized, it will hire additional workers to continue production at the same rate. It does not affect unemployment. O Privatization and unemployment are not related. Privatization is determined by the government sale of industry to private citizens. In privatization, the government retains ownership of the business but allows non-government workers to act as managers earning bonuses if the business does well. Typically, once a company is privatized, it needs to downsize the number of workers in order to be profitable. It would increase unemployment
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