Answer:
B. Privatization.
Explanation:
The transition of government ownership or business to the private sector is called privatization. The proponents of privatization emphasize that the profit earning behavior of new managers in the private sector would lead to cost reductions and better attention to customer satisfaction in the roles that are privatized.
As per the question, The selling of state-owned assets to private telephone company is an example of privatization.
Answer:
The immigrants who came to the United States between 1870 and 1915 were seeking a better life. They were fleeing poverty and looking for new opportunities.
Explanation:
<span>The aim of the legislation referred to in this excerpt is:
Reopen banks and convince people to redeposit their cash
President Franklin Roosevelt said three days after the signing of the Act "</span><span>“I can assure you that it is safer to keep your money in a reopened bank than under the mattress.”
During the Great Depression, a lot of depositors withdrew their money and kept it at home for fear of losing their money when banks declare bankruptcy.
The above Act was passed for the purpose of restoring American confidence in banks when they reopen. The banks underwent financial examination and only those banks deemed financially secure were reopened. </span>
