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free enterprise system
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What is an independent business?
An independent business is one that is owned by a private company. Some examples of independent businesses are small business, locally-owned businesses, and startup businesses.
Is the process of converting government-owned businesses to private ownership?
privatization
Characteristics of private sector?
encompasses all 'for profit' businesses that are not owned by the government.
What is The selling of government owned industries and businesses to private owners?
THis is called Privatization. This word came from the greek meaning "Sell goods".
How are government businesses from private businesses?
Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.
Businesses are owned by private citizens?
free enterprise system
Economic system in which businesses are owned by private citizens not by the government?
Capitalistic Economy... also known as Free-Enterprise
What the private sector?
CItizens and businesses
British gas is a private sector business what does this mean?
Businesses are owned by either the private sector, or businesses are state owned. It means that the British government does not own it; private individuals own it.
What is an independent business?
An independent business is one that is owned by a private company. Some examples of independent businesses are small business, locally-owned businesses, and startup businesses.
Is the process of converting government-owned businesses to private ownership.?
privatization
Is the process of converting government-owned businesses to private ownership?
privatization
Diff between public and private banks?
public banks are banks that are owned by the government but private baks are baks owned by citizens or a citizen
Who owns the businesses in Capitaliam?
In Capitalism, businesses are owned by private individuals, corporations, or share holders depending on the company.
Characteristics of private sector?
encompasses all 'for profit' businesses that are not owned by the government.
What are different between public and private sector?
Public sectors are owned and/or serviced by the government. Private sector businesses are owned by individuals and do not pay a direct dividend to the government.
What is the state acquisition and operation of businesses previously owned and operated by private individuals or corporations?
Nationalization.
