The term "privatization" refers to the process that implies moving services or similar from public or government to the private section. This implies services formerly provided by the government are transferred to private businesses that are in charge of providing the same services. This occurs in sectors such as education or prison management in which the state decides to pay to private companies or entities to provide services that are in charge of the government. This term is the opposite of "nationalization" in which private services or sector become public. Considering this, the one that occurs when private businesses are allowed to supply services that government provided is privatization.

6 0

2 years ago

Where is the Arabian Sea which separates Greece from turkey

Tju [1.3M]

<span>"The Arabian Sea is a region of the northern Indian Ocean bounded on the north by Pakistan and Iran, on the west by northeastern Somalia and the Arabian Peninsula, and on the east by India" (en.wikipedia.org)</span>

3 0

3 years ago