In eastern Europe many state or government-owned enterprises have been transformed into private companies in a process known as
A) deregulation
B) privatization
C) expatriation
D) repatriation

Question

Quizplus · Accepted Answer

The process described, where state or government-owned enterprises are transformed into private companies, is known as privatization. Deregulation involves the removal of government regulations on private businesses, expatriation involves living and working in a foreign country, and repatriation involves returning to one's home country after living and working abroad.

In Eastern Europe Many State or Government-Owned Enterprises Have Been