What were some of the ways that the voucher system of privatization of public property was abused in the change from communism to capitalist societies?

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Social Studies

Talan Gross

17 September, 07:59

What were some of the ways that the voucher system of privatization of public property was abused in the change from communism to capitalist societies?

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Nicolas Frank · Answer 1

The voucher system of privatization of public property was abused by vouchers were only given to the inhabitants of a nation or these were sold at very low values. As vouchers were swapped for official document of ownership of state-owned enterprises were reassigned to private hands.