What Is True of Privatization of State-Owned Enterprises

What is true of privatization of state-owned enterprises?

A) It leads to a decline in productivity throughout the private sector.
B) It was done in order to stop the drain on national budgets due to inefficient state-owned enterprises.
C) It blocks capital mobility to strategic areas.
D) It leads to a change in political leadership.
E) It acts as a setback to the process of modernization.

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