Which of the following describes nationalization?
A) The relocation to a firm's home country of business activity that been sent to foreign nations.
B) Transfer of ownership of a business from the public sector to the private sector.
C) Transfer of ownership of a business from the public sector to private non-profit organizations.
D) Transfer of state-owned enterprises to federal ownership.
E) Seizure of a firm's assets in a country by the national government.
Correct Answer:
Verified
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