Question

an example of “Transfer of economic factors from public sector to the private sector.​

Answer 1

Answer:

Privatization , may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to the private sector, either to a business that operates for a profit or to a non-profit organization.

It may also mean the government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management.