What do you mean by privatization?

Julian Lawrence | 2023-06-08 15:58:24 | page views:1786
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Emily Harris

Studied at Massachusetts Institute of Technology (MIT), Lives in Cambridge. Currently conducting research in the field of renewable energy.
Definition: The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.
2023-06-11 15:58:24

Avery Hall

QuesHub.com delivers expert answers and knowledge to you.
Definition: The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.
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