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

Question

Quizplus · Accepted Answer

When government-owned businesses convert to private ownership, they go through privatization, which involves the sale or transfer of ownership and control of the enterprise from the government to private investors or companies.

When Government-Owned Businesses Convert to Private Ownership, They Go Through