Reading Comprehension (RC) | While there is no blueprint for transforming a largely government

While there is no blueprint for transforming a largely government-controlled
economy into a free one, the experience of the United Kingdom since 1979
clearly shows one approach that works: privatization,

(5) in which state-owned industries are sold to private companies. By 1979,
the total borrowings and losses of state-owned industries were running at about
£3 billion a year. By selling many of these industries, the government has
decreased these

(10) borrowings and losses, gained over
...

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