Political Science, asked by parweensaba947, 6 months ago

Elucidate the concept of privatization

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Answered by jgreydd

Explanation:

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.

Answered by SHRISARVESHWARAN

Answer:

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