Multiple choice

The marketisation and privatization of public administration may result in:

  1. quasi-socialism

  2. laissez faire

  3. neo-capitalism

  4. liberalized regulations

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Marketisation and privatization are key elements of New Public Management, which seeks to introduce market mechanisms into the public sector. This process typically involves liberalizing regulations to allow for competition and private sector participation.