To sell state-run firms to individuals is to privatize those entities, transferring ownership from the government to private individuals or companies. This process often aims to increase efficiency, foster competition, and reduce government expenditure. However, it can also raise concerns about public accountability and access to essential services. Ultimately, the impact of privatization varies depending on the specific context and implementation.
privatize
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
privatize
When a government sells its property to private individuals that is called privatization.
A state and country are both run under a government. This government tells the individuals what is legal and illegal.
None of the major insurance companies sell homeowners insurance in Florida. The state has made a mess in the insurance market and now the state run company citizens is reaping off homeowners.
Women did have rights. They could buy and sell property. They could also run buisnessess.
State schools are owned and run by the state. Private (public) schools are owned and run by private individuals (usually trusts/charities or relgious bodies today, rather than any single person).