0
Privatization is the process of transferring ownership of a public sector enterprise or asset to private individuals or organizations. This can involve selling government-owned companies, outsourcing public services, or deregulating industries to allow private competition. The goal of privatization is often to increase efficiency, reduce government spending, and stimulate economic growth. However, it can also lead to concerns about reduced public accountability and access to essential services.
What else can I help you with?
Continue Learning about Economics
Related Questions
Trending Questions
Is it true during a recession demand for goods increases and employment rises?
What is the largest single asset in the federal reserve banks' consolidated balance sheet?
How do you write a letter requesting subsidy?
What are the first three steps in the process of making an ethical decision?
Is a Mold Inspection Really Worth the Money?
What does 700k in rupees mean?
Explain Theory of absolute cost advantage by propounded by Adam smith?
What is an agreement to sell become a sale when the time elapses or the condition is fulfilled subject to which the properties in the goods is to be transferred?
Does GDP measure happiness?
Is nuclear energy from mars?
How much is a 1972 eisenhower dollar dipped in gold worth?
Why Is sun Important to producers and consumers?
Is Taiwan developed or developing?
What is normative decision theory?
What does the Dominican republic's economy dependent on?
What are the disadvantages of Inflation?
How does choice theory psychology influence decision-making processes and behavior?
What are some examples of laissez faire countries?
What is the value of an 1878 US trade dollar?
What is the most expensive property in monopoly game?
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.