That is an example of privatization. The transfer of possession, assets or commerce from the government to the private sector is called privatization. The government ends to be the owner of the entity or business. The development in which a publicly-traded corporation is taken over by a few individuals is also called privatization.
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i'm only 16 but i know for a resume you need to add things you did in the past (any jobs you may have had in the past) and show how you would like to work. And to get a job you have to be 16 or 2 months before 16.
Market equilibrium occurs where quantity demands equals quantity supplied
