The process of turning a government enterprise into a private enterprise is:
A) marketization.
B) entrepreneurship.
C) nationalization.
D) privatization.

Question

Quizplus · Accepted Answer

The process of turning a government enterprise into a private enterprise is called privatization. It involves transferring ownership and control of state-owned assets and services to private investors and companies. This is typically done with the aim of improving efficiency and profitability, reducing government debt and liabilities, and stimulating economic growth.

The Process of Turning a Government Enterprise into a Private