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Difficulty: EasyPrivatization, Commercialization, and Deregulation of Public Enterprises

Complete the statement regarding public enterprise reform policies in Commerce.

Answer:The economic policy in which a government transfers partial or total ownership and management of a public enterprise to private investors is known as 【privatization】.

Answer

The correct term to complete the statement is privatization (or privatisation).
Privatization is defined as the policy of selling off state assets, shares, or management rights in public enterprises to private investors to encourage private participation and efficiency.

Step-by-Step Solution

1
Identify the defining core feature of the policy described in the sentence.
The sentence specifies transferring government equity and management control of a public corporation to private individuals or corporate entities.
This explicit transfer of ownership equity from the state to private interests defines privatization.

Key Concept

Privatization of Public Enterprises
Estimated Time:45s
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Topics

Privatization, Commercialization, and Deregulation of Public Enterprises

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