Privatization in many foreign markets means selling companies to the public that were previously owned by the state or government.

Name: Privatization in many foreign markets means selling companies to the public that were previously owned by the state or government.
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Privatization involves transferring ownership of state-owned enterprises to private investors or companies. This can be done through various methods such as public offerings, auctions, or management buyouts.

Privatization in Many Foreign Markets Means Selling Companies to the Public