Which of the following is a motivation for government privatization?

The motivation for government privatization that stands out is the management of debt and the improvement of efficiency. When a government privatizes certain services or industries, it aims to reduce its financial burden and operational inefficiencies.

Privatization often leads to a more competitive environment, where private entities are typically more efficient due to profit incentives and can operate with less bureaucracy compared to government-run entities. This can result in improved services and reduced costs. Furthermore, through privatization, governments can generate revenue by selling state-owned assets, which can be used to pay down debt or reinvest in public services.

In contrast, increasing monopoly control would generally be contrary to the principles of privatization, which typically encourages competition and consumer choice. Enhancing governmental oversight does not align with the fundamental idea of privatization, which often aims to reduce government involvement in the marketplace. Lastly, promoting higher taxation would not fit the privatization objectives, as it contradicts the intention of reducing government size and expenditures.