What would be an outcome of effective privatization?

The outcome of effective privatization is improved efficiency due to competition among private owners. When a government-owned entity is privatized, it transitions to being owned and operated by private individuals or companies. This often leads to increased competition in the market, which can drive efficiency as private owners strive to maximize profits.

In a competitive environment, businesses are incentivized to innovate, reduce costs, and improve the quality of their products or services to attract and retain customers. This competitive pressure typically results in better resource allocation and more responsive services for consumers, as private companies must meet market demands more effectively than government entities, which may not face the same competitive pressures.

The other options do not align with the principles of effective privatization. Increased government control of prices is contrary to privatization, which often leads to free-market pricing. Higher taxes for consumers is generally not a direct result of privatization; instead, taxes may be reassessed differently. Finally, less transparency in business operations is also unlikely, as private companies, especially publicly traded ones, are subject to regulations that require a certain level of transparency. Overall, the increased competition inherent in privatization typically enhances efficiency in various sectors.