It would be "China" that is currently privatizing by transferring ownership from the public sector to the private sector, since although China remains a communist country, it understands well the benefits of a certain amount of capitalism.
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Explanation: POINTS I NEED THEM
The capture of Native Americans for slavery became the early economic basis of the Carolina colony.
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A major progressive business reform that President Taft enacted was the "<span>breaking up large monopolies", since these monopolies were seen as being highly detrimental to the economy. </span>
