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The tranfer of government businesses to individuals is?

Commerce
WAEC 2017

The tranfer of government businesses to individuals is?

  • A. commercialization
  • B. privatization
  • C. deregulation
  • D. nationalization
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Correct Answer: Option B
Explanation

privatization is the transfer of a business, industry, or service from public to private ownership and control. Privatization is the process of transferring an enterprise or industry from the public sector to the private sector.

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