________ refers to the transfer of ownership of resources from the private to the public sector.

Question

Quizplus · Accepted Answer

Nationalization is the transfer of ownership of resources from the private sector to the public sector, which means the state takes control of private property or businesses. Expropriation refers to the act of taking someone's property for public use, often with compensation. Federalization refers to the creation of a federal system of government, where power is shared between a central government and regional governments. Conversion refers to a change in the use of resources or assets, such as converting a factory from producing one type of product to another. Therefore, the best choice is A) Nationalization to answer the question asked.

________ Refers to the Transfer of Ownership of Resources from the Private