What is the term used for the turning over of public responsibilities for regulation and for providing goods and services to privately owned and operated industries?

Question

Quizplus · Accepted Answer

Privatization is the term used for the turning over of public responsibilities for regulation and for providing goods and services to privately owned and operated industries. The other choices are not related to this definition. Whistle-blowing refers to the act of exposing wrongdoing within an organization. Modernization refers to the process of updating or improving something to conform with the latest ideas or practices. Logrolling refers to the practice of exchanging favors or support, especially by politicians, in hopes of receiving reciprocal benefits in return. Welfare state refers to a government system that provides for the basic needs of its citizens, such as healthcare, education, and social services.

What Is the Term Used for the Turning Over of Public