_______________ refers to turning over government provided functions, entirely or partly, to the private sector.

Question

Quizplus · Accepted Answer

The term "privatization" specifically refers to the transfer of government functions to the private sector. Option A (contracting) and B (purchasing) can be related to privatization, but are not specific to this process. Option C (bidding) can be a part of the process of privatization, but does not explain the entire process itself.

_______________ Refers to Turning Over Government Provided Functions, Entirely or Partly