Question

Why was the privatization of public property considered to be a vital task after Texas entered into the Union in 1845

Answer 1

The privatization of public property was a vital task because the state was "land rich but money poor" and there is need to raise funds that could be used for infrastructure purposes such as funding elementary, secondary, higher education etc

What is privatization?

Privatization refers to process where a government business, operation,  property becomes a privately-owned property, business etc

In conclusion, the privatization of public property was a vital task because the state was "land rich but money poor" and there is need to raise funds that could be used for infrastructure purposes such as funding elementary, secondary, higher education etc

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