When a government acquires business enterprises formerly owned by individuals, it is termed?

Commerce

WAEC 2015

A. commercialization
B. indigenization
C. privatization
D. nationalization

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Your School's Whatsapp Group - Join Us now

Correct Answer: Option D

Explanation

Nationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

What is the meaning of agricultural sciences? Answer this

1 Answers · Agricultural Science · 3 days ago
Does WAEC give Calculator to student for there exam? Answer this

2 Answers · Mathematics · 2 days ago
2(3)+2? Answer this

1 Answers · Mathematics · 2 days ago

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

When a government acquires business enterprises formerly owned by individuals, it is termed?

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In