Transit Privatisation
Transit privatization is the process of shifting the provider of public transportation from governments to privately held companies. It became common during the 1980s and 1990s as a result of rising costs and bureaucracy, and declines in service quality. Privatization efforts have had mixed results, typically achieving the goal of reducing public debt and expenditure, however often resulting in reduced service and financial issues. References See also

* Deregulation * Staggers Rail Act (act that deregulated rail in the US) * Privatisation of British Rail * Bus deregulation in Great Britain * Airline deregulation * Railway nationalisation {{Transport-stub Economics of regulation Privatization ...
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