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When the government sells industries it owns to private businesses it is called?
Wiki User
∙ 8y ago
It is called privatisation.
Wiki User
∙ 8y ago
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The Mexican government is encouraging private businesses to compete for the rights to own and operate many different industries what is This called?
privatizing
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".
An economic system in which the government owns major industries but allows private ownership of other businesses is called?
Socialism. Complete ownership by the state is Communism.
Those who were opposed to private ownership of industries and wanted either the government or workers themselves to take over these industries were called .?
Those who were opposed to private ownership of industries and wanted either the government or workers themselves to take over these industries were called socialists.
Those who were opposed to private ownership of industries and wanted either the government or workers themselves to take over these industries were called?
Those who were opposed to private ownership of industries and wanted either the government or workers themselves to take over these industries were called socialists.
Businesses the federal government runs are called...?
Businesses the federal government runs are called government corporations.
What is it called when businesses contribute to charity?
Donation (as it is from a private citizen).
Selling of state owned industries to private investors?
This is called privatization.
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
If the Government takes control of private industries what does it mean when they change from producing recreational items to combat items?
The first part is called nationalisation, the process of making a company or industry government controlled or financed.The second is called militarisation, the act of turning normally peaceful or neutral industries (or more generally a society) towards military-oriented goals or actions.
Can a House member propose private bills?
No. There is nothing called a private bill. They make laws for the government not themselves.
What is it called when the government takes a hands off to businesses?
laissez-faire
