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saveliy_v [14]
3 years ago
13

11. The sale or transfer of state-owned businesses to individuals is referred to as

History
1 answer:
andrey2020 [161]3 years ago
6 0

Answer:Privatization

Explanation:

Privatization is the term used to describe when government releases its ownership of its public owned enterprises such as company, services   or business and  transfers them to a private sector  as new ownership to control.

As the  Government loses out on dividends which could have been accrued from the public enterprises sold out or transferred, research have found out that Privatization helps to to improve efficiency since its primary aim for acquiring such control is to make profit.

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