Explain how the government ownership is characterized by monopolistic restriction,corruption and gross inefficiency.

INSTRUCTIONS:

The 2000 Libertarian Party Platform asserts “Government interference in transportation is characterized by monopolistic restriction, corruption and gross inefficiency. We therefore call for the dissolution of all government agencies concerned with transportation … We call for the privatization of …, public roads, and the national highway system …”

Explain how the government ownership is characterized by monopolistic restriction,corruption and gross inefficiency.

Would Private Ownership Be Characterized by monopolistic restriction,corruption and gross inefficiency.?Explain