Question

involves the transfer of control of ownership of financial resources for the public sector to
private sector.
a liberalization
A
* privatization
c. globalization
d. all of above.


answer is privatization​

Answer 1

Privatization involves the transfer of control of ownership of financial resources for the public sector to  private sector.

Option (b) is correct.

Explanation:

• In the privatization process, there is a transition state of a company from becoming public to private
• Privatization refers to a process or method in which the business, property, or operation owned by a government becomes owned by a non-government party.
• This process helps the government in generating more capital and also saves money by increasing its efficiency.