Several Years Ago,the Government of the Small Nation of Allegro

True/False

Several years ago,the government of the small nation of Allegro owned the nation's telephone company and landlines.This relatively poor government relied on taxes to develop this industry and provide service to its citizens.If the government desired to rapidly improve people's access to phone service,its best course of action would involve selling the telephone company to private investors.
Government can actively promote entrepreneurship by encouraging private ownership of businesses.If the government owns the businesses there is little incentive for people to work hard to create profits.