Economics · Privatisation
Which of the following statements accurately describes the process of privatisation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Nationalising private firms to enhance state revenue.
- 2Transferring ownership, management, or control of public sector units to private enterprises.✓
- 3Exporting administrative operations to foreign corporations.
- 4A public enterprise is transferred to a non-profit non-governmental organization.
Correct answer
Transferring ownership, management, or control of public sector units to private enterprises.
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