Asked by Maday Diarte on Jun 13, 2024
Verified
__________ is the selling of state-owned enterprises into private ownership.
A) Governmental auction
B) Privatisation
C) Corporate welfare
D) Governmental subsidy
E) Foreign investment
Privatisation
The selling of state‐owned enterprises into private ownership.
State-Owned Enterprises
Organizations that are owned and operated by the government and play a role in the delivery of public services or the production of goods.
Private Ownership
Ownership of assets by individuals or corporations rather than by the state or public entities.
- Illustrate the procedures and effects of merging economies, privatizing state-owned assets, and transitioning to market economies.
Verified Answer
RM
Rayan MoselmaniJun 17, 2024
Final Answer :
B
Explanation :
Privatisation is the process where government-owned businesses, assets, or services are transferred to the private sector. This involves selling state-owned enterprises to private owners.
Learning Objectives
- Illustrate the procedures and effects of merging economies, privatizing state-owned assets, and transitioning to market economies.