Question

7. One feature of privatization is
reduction of
interventions in
the commercial sector.
OA) Broker
O B) Government
OC) Institution
OD) Partnership​

Answer 1

Answer:

Privatisation is the process of transferring ownership of any property or migrating administration of any state-run service from the public sector to the private sector. It can also mean deregulation of a heavily regulated company. It also refers to the process of conversion of a public limited company into a private limited company.