Which term denotes transferring ownership from the government to the private sector?

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Multiple Choice

Which term denotes transferring ownership from the government to the private sector?

The main idea here is ownership change from public to private hands. Privatization is the process of selling state-owned enterprises or services to private owners or delegating them to private operators. That shift from government control to private sector management is what defines privatization. Nationalization is the opposite move—taking private assets into public ownership. Deregulation removes or relaxes rules to allow more market freedom, but it doesn’t specify who owns the assets. Liberalization loosens restrictions to open markets, again focusing on openness rather than who owns the enterprises.

The main idea here is ownership change from public to private hands. Privatization is the process of selling state-owned enterprises or services to private owners or delegating them to private operators. That shift from government control to private sector management is what defines privatization.

Nationalization is the opposite move—taking private assets into public ownership. Deregulation removes or relaxes rules to allow more market freedom, but it doesn’t specify who owns the assets. Liberalization loosens restrictions to open markets, again focusing on openness rather than who owns the enterprises.

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