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A government policy that encourages transfer of ownership from foreigners to indigenes of the country...

Commerce
JAMB 2017
A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as ____?
  • A. nationalisation
  • B. privatisation
  • C. indigenisation
  • D. commercialisation
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Correct Answer: Option C
Explanation
Is a process of transferring ownership of foreign owned business to the indigenes of the country to encourage full participation of economic activities in the country.
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