While there are certain aspects in which the Disney Villains friends shirt benefit owing to this shift, there are others wherein the customers have to suffer. Many industries and sectors in India, as well as other countries, come under the public sector which means they are owned and run by the government agencies. However, gradually there has been a shift from these being governed by the public sector to the private sector. This shift has been termed as privatization.
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A number of factors have led to this Disney Villains friends shirt. Many developed nations started out with privatization of different industries to overcome the limitations faced by the public sector and India followed the league soon. Under privatization either the government held assets have been sold to the private owners and they have been given the whole and sole responsibility of handling certain industries or the government has allowed the private businesses to participate in the functioning of some industries.
Here are some of the main reasons for privatization: Until a particular industry is under the public sector, it is governed by the government. There is no competition and no drive to perform better. The services offered are mostly average as there is no comparison and no threat of losing the race.
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