Question

what is defination of privatisation

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Answer 1

Privatization can mean different things including moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated.

Answer 2

Answer:

. It means a transfer of ownership, management, and control of public sector enterprises to the private sector. Privatisation can suggest several things, including migrating something from the public sector into the private sector.

Explanation:

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