One method of privatization used by command socialist economies in the transition to free markets is to:
A) establish a system of money and capital markets.
B) allow the central bank to regulate the money supply.
C) give away ownership shares for all government property.
D) sell domestic currency on the foreign exchange market.

Question

Quizplus · Accepted Answer

Giving away ownership shares for all government property is a method of privatization used by command socialist economies in the transition to free markets. This allows for the transfer of ownership from the government to private individuals or entities, promoting competition and market efficiency. Establishing money and capital markets, regulating the money supply, and selling domestic currency on the foreign exchange market are all measures related to monetary policy and not directly related to privatization.

One Method of Privatization Used by Command Socialist Economies in the Transition