Economy, asked by kumarsourav63, 1 year ago

what is privatisation​

Answers

Answered by meghnasteenson1112
8

the transfer of a business, industry, or service from public to private ownership and control.

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Answered by shruti720
4

व्‍यापार या उद्योग का निजीकरण

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.


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