A major disadvantage of the privatization policy is that?

The question is asking about a major disadvantage of the privatization policy. Privatization is the transfer of ownership and control of government-owned assets to the private sector. The options given are:

Option A: The economy would be private-sector-led.

Option B: Citizens would benefit less from government.

Option C: More money would be bought into circulation.

Option D: Government would lose control of the economy (Correct).

The correct answer is D. This is because when the government privatizes assets, it loses control of them and the private sector takes over. The private sector is motivated by profit, which means that the provision of goods and services may become more expensive, making it difficult for citizens to access them. Additionally, the private sector may not prioritize the needs of the citizens over their own profit motives, which can lead to inadequate provision of essential services like healthcare and education.

Option A is incorrect because the economy being private-sector-led is not necessarily a disadvantage. It can lead to increased efficiency and innovation. Option B is incorrect because citizens may not necessarily benefit less from the government as a result of privatization. Option C is also incorrect because more money being brought into circulation is not necessarily a disadvantage of privatization.

In summary, the major disadvantage of privatization is that the government loses control of the assets and services being privatized, which can lead to inadequate provision of essential services and increased costs for citizens.