The transfer of a government company to the public is known as privatization. Privatization is the process of
transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a
government) to the private sector, either to a business that operates for a profit or to a nonprofit organization.
Commercialization is the process of introducing a new product or production method into commerce. Localization is
the adaptation of a product or service to meet the needs of a particular language, culture or desired population's 'look-
and-feel'. Deregulation is the reduction or elimination of government power in a particular industry asually enacted to
create more competition within the industry.
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}