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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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