Political Science, asked by nishanttirkey415, 1 month ago

what do you mean by privatisation?

Answers

Answered by princemassey14

1

Answer:

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 mail2saanvisinha

0

Answer:

Explanation:

it is a transfer of ownership and control frompublic sector to private sectors.

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