The transfer to public shareholding corporations to private enterprises is

Economics

JAMB 2011

A. concession
B. incorporation
C. commercialization
D. privatization

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Correct Answer: Option D

Explanation

The transfer of ownership, property or business from the government to the private sector is termed privatization. This is done in sectors that are inefficient in providing essential services.

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The transfer to public shareholding corporations to private enterprises is

Correct Answer: Option D

Explanation

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