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This is called privatization.

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10y ago

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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".


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Which type of businesss is owned by a small pool of investors?

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What is the process of converting government-owned businesses to private ownership?

The process of converting government-owned businesses to private ownership is known as privatization. This typically involves assessing the assets and operations of the state-owned enterprise, determining its market value, and then selling it to private investors or companies. The government may choose to conduct public auctions, direct sales, or public offerings to facilitate the transfer. Additionally, regulatory frameworks and policies may be established to ensure a smooth transition and address any socio-economic impacts.


What is the business owned by investors also known as stockholders?

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What is a business owned by investors?

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Socialisst do not support individual initiative nor private enterprise in industry. They want industries to be owned and managed by the government.