When government-owned businesses convert to private ownership,they go through a process called _____.
A)privatization
B)consumerization
C)socialization
D)domestication

Question

Quizplus · Accepted Answer

Privatization is the process through which government-owned businesses are converted into privately owned entities. This involves transferring the ownership and management of public sector businesses to individuals or private companies.

When Government-Owned Businesses Convert to Private Ownership,they Go Through a Process