Economy, asked by SaiPradyumnan2653, 1 year ago

Explain the concept of privatization and disscuss obstacle in the way of privatization.

Answers

Answered by Vaibhavverma73
3

Hey mate!

I am here with your answer!

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.

Hope this will help you!

Answered by justforfunladies1
0

Answer:

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