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Divesting government interest in a business to the public is

Commerce
WAEC 2023

Divesting government interest in a business to the public is

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

Privatisation is a policy designed to enable individuals and private or corporate organisations take over the ownership and control of government business such as public companies and corporations.


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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789