Question on: SS2 Government - Reasons for privatization
What is privatization and why is it implemented?
View related lesson
Ask EduPadi AI for a detailed answer
Privatization is the process of transferring ownership or control of a government-owned or state-owned enterprise, asset or service to the private sector. It is implemented to improve efficiency, reduce government spending, attract investment, and improve service quality.
Add your answer
Please share this, thanks!
No responses