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What does the term "privatisation of education" primarily refer to?

  1. Transfer of public assets to private companies

  2. Reducing educational standards

  3. Enhancing free school meals

  4. Government funding for universities

The correct answer is: Transfer of public assets to private companies

The term "privatisation of education" primarily refers to the transfer of public assets to private companies. This concept involves shifting the responsibility of educational services from the public sector to private entities, which could include the management of schools, provision of educational resources, and even the delivery of educational services. Privatisation is often driven by the belief that private companies can operate more efficiently than the public sector, potentially leading to innovations and improved outcomes in education. This move can manifest through the establishment of academy schools, free schools, or other forms of educational partnerships where private organizations take a more significant role in the administration and operation of education systems. The other choices do not encapsulate the essence of privatisation. Reducing educational standards focuses on quality rather than ownership, enhancing free school meals relates to student welfare rather than the ownership model of education, and government funding for universities describes a public financing mechanism rather than a shift to private management or operation of educational institutions.